No Fiscal Stress For Nassau County

The New York State Comptroller’s Office has released the latest results of its Fiscal Stress Monitoring System, and Nassau County has once again been recognized for its strong fiscal health. For 2024, Nassau County achieved a fiscal stress score of 3.3, earning the status of “No Designation,” meaning that the County is not under fiscal stress and is not susceptible to fiscal stress at this time.

“These results are another clear indicator of Nassau County’s strong financial condition,” said Nassau County Comptroller Elaine Phillips.

Over the past three and a half years, Nassau County has earned seven bond upgrades from major Wall Street rating agencies, reflecting prudent fiscal management and growing investor confidence. As of May 2025, the County holds strong ratings from S&P (AA, Stable), Fitch (AA, Stable), and Moody’s (Aa2, Stable). These upgrades provide tangible benefits to taxpayers by lowering borrowing costs for key capital projects, including infrastructure improvements, parks, and public facilities.

“Under the fiscal oversight of my office, working closely with County Executive Bruce Blakeman, Nassau has maintained stable budgets, preserved reserves, and achieved a sustainable financial trajectory that benefits all residents,” said Comptroller Phillips. “Our continued bond upgrades and solid fiscal foundation allow Nassau County to invest in critical services and infrastructure, while maintaining balanced budgets and avoiding property tax increases.”

Nassau County’s rating of “No Designation” of fiscal stress by the NYS Comptroller’s Office is a validation of the County’s commitment to fiscal responsibility. For more information on the Fiscal Stress Monitoring System, visit OSC Fiscal Monitoring. n

{Village Of Cedarhurst Recognizes GS Shell For 40 Years In Business

{IMG Trustee Daniel Plaut, Trustee Israel Wasser, G.S Chawla, Mayor Benjmain Weinstock, Bobby Chawla, Deputy Mayor Ari Brown, Trustee Myrna Zisman and Village Administrator Jacob Plaut

{Caption Trustee Daniel Plaut, Trustee Israel Wasser, G.S Chawla, Mayor Benjamin Weinstock, Bobby Chawla, Deputy Mayor Ari Brown, Trustee Myrna Zisman and Village Administrator Jacob Plaut

During the Village Board Meeting on Monday, October 27, 2025, the Village of Cedarhurst Board of Trustees proudly presented a citation to GS Shell in honor of forty years of business in the Village of Cedarhurst.

Over the past four decades, GS Shell has shown dedication, hard work, and a strong commitment to providing quality service. Their dependable work has earned the trust and appreciation of many loyal customers and neighbors.

“Businesses like GS Shell are the backbone of our community,” said Mayor Weinstock. “Their dedication over the past forty years reflects the values that make Cedarhurst a wonderful place to live and work.”

The Village congratulates GS Shell on this milestone and wishes them many more successful years ahead.