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This article reports on financial deficits in Nassau County, Florida and its economic recovery in 2011. The article discusses the county's wealth and per capita income, noting that its finances were taken over by the Nassau County Interim Finance Authority (NIFA) state-appointed commission on January 26 to address problems with a tax refund system. Information is provided on tax cuts and budget balancing.

New York State fiscal control board asks Long Island county to create contingency plan for confronting future deficits as a requirement for its new $3.3 billion budget. [ABSTRACT FROM AUTHOR]

The article reports on the Westchester Country Association's (WCA) 10 percent budget cuts in New York. It says that the Westchester County legislators have cut an annual payment to the WCA from the recently adopted $1.77 billion county budget. Meanwhile, the revenue loss led WCA officers to take a stand that could free the business group from potential conflicts of interest when advocating on public policy issues.

The author reflects on the unjust budget for Long Island, New York. He discusses the current budget deficit problems in the state and argues that it will be a double financial pain for Long Island if the county will be included in budget cutting for fiscal 2008/2009. Moreover, he stresses that whatever alternatives the government come up with it will be a very difficult year for New Yorkers financially.

The article discusses issues related to budget to be presented by Dave Bing, Mayor of Detroit, Michigan, to the Detroit City Council for fiscal 2010-11. It has been stated that the first budget to be presented by Bing comes on the heels of a year that's seen an expanding budget deficit, decreasing revenue and a current-year operating deficit. Saunteel Jenkins, Detroit City Councilwoman, said that it is hard to know what to expect right now.

An interview with Hungarian Prime Minister Ferenc Gyurcsany on the country's budgetary deficit is presented. He said that the parliament adopted the main figures for the 2008 budget at the end of November 2007. He mentioned that in 2007 third quarter (Q3), Hungary's growth fell to just 1% on a year-on-year basis. He explained that in the short term, the country is facing huge budgetary imbalances.

Reports the preservation of county budgets on Soldier Field, the Cook County Forest Preserve in Illinois. Deficits in account of the forest operations; Loss of money in the operation; Solution of district bosses for the budget deficit.

A Chicago-based fiscal watchdog group praised Cook County, Ill.'s proposed 2015 $3.7 billion budget for tackling a deficit without any new taxes, but warned the "enormous" problems lie ahead tied to pension problems and the county's massive public health system. [ABSTRACT FROM AUTHOR]

The article informs that the concerns expressed by New York Comptroller Thomas DiNapoli about Rockland County's, New York executive budget in September 2013 was addressed by the officials of the county. It mentions that the 2014 budget proposal presented by county executive C. Scott Vanderhoef included a 16.7 percent deficit and 9.9 percent increase in property tax.

The article reports that 10 legislators of the Republican Party, a political party, have voted in favor of a 2014 budget with an 8.1 percent structural deficit proposed by Edward Mangano, executive of Nassau County, New York. It informs that Republican comptroller George Maragos has recommended a change to the budget's proposed 230 million U.S. dollars in borrowing before the voting process. It also mentions that the budget includes 1.679 billion U.S. dollars for the general fund.

The article informs that Wayne County, Michigan, is facing a multimillion dollar accumulated budget deficit and now a court battle is going over budget cut. According to Willie Mayo, the county's legislative auditor general, since fiscal 2003 the county has been deficit spending and it was using short-term borrowing to fill budget gaps. However County Executive Robert Ficano tells that his administration is unable to cut or control many costs.

The article presents the findings of a survey on the impact of the ongoing economic downturn on budgets of counties in the U.S. in 2008, conducted by the National Association of Counties (NACo). According to NACo, many of the nation's largest counties are facing tighter budgets as a result of the economic downturn, and many expect even greater budget shortfalls by the next fiscal year that may lead to more employee layoffs and furloughs. A list of the steps that some counties plan to take to address its budget shortfall is presented.

Reports on Nassau County, New York Executive Thomas Gulotta's endorsement of a large scale restructuring of the county's outstanding debt as part of a plan to resolve the structural budget deficits. Spending cuts separately proposed by the Democratic caucus of the county Legislature.