The Long Island, N.Y., counties of Nassau and Suffolk have come up against a legislative impasse in their quest for state approval of deficit bonding packages needed to fill their budget gaps in fiscal 1992.

State lawmakers are currently negotiating details of the counties' plans and could reach a compromise this morning, legislative aides said.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.