NY lawmakers weigh $80M Rockland bailout
Photo credit: Photo by Christian Wade | Unionized Rockland County workers protest outside State Sen. David Carlucci's offices in Nanuet, following an announcement by County Executive C. Scott Vanderhoef that he will be laying off 150 employees to help bridge a protected $80 million budget hole this fiscal year. (May 17, 2012)
State lawmakers are poised to throw Rockland County an $80 million financial life vest.
A pair of bills filed in the State Assembly and Senate late Friday would allow the county to borrow up to $80 million if approved before the end of session Thursday. The money -- backed by future proceeds from a new 4 percent residential energy tax -- would be used to pay down the county's skyrocketing...