Spin Cycle

Assemb. Philip Boyle (R-West Islip) was the only member of the Long Island delegation to vote against state legislation allowing the Village of Hempstead to float long-term bonds to pay off what has been its short-term debt.
“I don’t think it’s a prudent idea to bond out debt,” Boyle said in an interview. “It just costs more in the long run.”
Legislation breezed through the Senate and Assembly in the final hours of of the Albany session last month that allows the Village of Hempstead to borrow $6.5 million.
The village accumulated the deficit as it failed to maintain a balanced budget during 7 of the past 8 years, according to an audit in April by state Comptroller Alan Hevesi.

Bill Murphy