Nassau County, N.Y., ended fiscal 2010 with a $17.2 million surplus and cut its structural deficit to $131.6 million, according to unaudited fiscal results from Comptroller George Maragos.

Expenditure reductions of $60.2 million helped offset fiscal 2010 revenues that underperformed by $56.1 million. In addition, Nassau will realize the surplus by tapping into an additional $13.1 million of bond proceeds — rather than taking it from the operating budget — to help pay its fiscal 2010 property tax refunds. The county’s fiscal year ended Dec. 31.

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