Since its launch in October 2015, ‘Citizens for a Better Nassau County’ has been educating Nassau County residents on the growing fiscal challenges and dwindling capital reserves the county is facing. The Great Recession of 2008-2013 had a profound impact on Nassau County, resulting in a decline of roughly $2 billion in real estate value and a corresponding drop of $13 million in ad valorem tax receipts to the county. While some county and community leaders have chosen to deny the facts and effectively attempted to silence public concern over this threat to Nassau County’s future prosperity, numerous third-party, credentialed sources have verified that the financial future of the county is truly heading down a troubling path.
