Hempstead Village Mayor Wayne Hall touts fiscal health, surplus

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1:01 PM By Aisha Al-Muslim

Photo credit: J.C. Cherubini, 2011

An independent audit has confirmed that Hempstead Village?s general fund recorded a $2.3 million surplus for the 2011-12 fiscal year, making it the sixth consecutive year without a deficit, village officials said.

The village appropriated $3.1 million in surplus, including a portion of its reserves, to balance its 2012-13 budget. The appropriation allowed for an overall tax levy increase slightly...

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Source: http://www.newsday.com/long-island/towns/long-island-now-1.1732330/hempstead-village-mayor-wayne-hall-touts-fiscal-health-surplus-1.4663355

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