Politics & Government
Question of the Day: NIFA
Does the panel have too much control of county operations?
The last week shot down County Executive Ed Mangano's plan for a deal to privatize the sewer system.
The deal would have paid Morgan Stanley at least $5 million to broker a deal for the county with a private operator for the sewer system and an investor who would fund the transaction. Mangano had hoped to use several million resulting from the deal to reduce the county's debt.
Is NIFA right? Was the Mangano plan the wrong step? Does NIFA have too much control over Nassau finances?
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