State lawmaker wants monitor for Oyster Bay finances

OYSTER BAY – The Oyster Bay supervisor says he wants to lead the charge to repair the towns declining finance ratings, but a state lawmaker says the town needs outside oversight.

Standard Poor released the new, low ranking in the spring. Along with the Oyster Bay Town Council, Supervisor John Venditto says officials are working on a plan to fix the finances.

State Assemblyman Charles Lavine, however, says thats no way to fix the problem.

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