How much will the Lighthouse project cost Nassau County, and how will it affect the Countys budget?
Nassau County will not be providing any financial support for this project. Currently, the County loses $1.5 million on the Coliseum and has no money in its budget to improve the Coliseum or the surrounding area. However, the Lighthouse will help the County’s budget, creating a profit from the lease of the Coliseum and generating millions in incremental tax revenues, putting the Coliseum back on County tax rolls.
