George Maragos

George Maragos

George Maragos attends a wreath laying ceremony on the 10th anniversary of the September 11th attacks.
13th Comptroller of Nassau County
Assumed office
January 2010
Preceded by Howard Weitzman
Personal details
Born (1949-03-17) March 17, 1949
Political party Democratic Party
Spouse(s) Angela Maragos (m. 1973)
Children Peter (b. 1976)
Angelo (b. 1985)
Residence Nassau County, New York
Alma mater McGill University (B.E.E.E.)
Pace University (M.B.A.)

George Maragos (born March 17, 1949) is the 13th Comptroller of Nassau County, New York. He was first elected in 2009 for a four-year term. Maragos was then re-elected in 2013 for a second four-year term.[1]

Education

Maragos received an M.B.A in Finance in 1983 from Pace University in New York City. As an undergraduate, Maragos studied electrical engineering at McGill University in Montreal, Canada earning a B.E.E.E. in 1973. [2]

Early career

Maragos started his career at Bell-Northern Research where he became one of the youngest managers in the global technology organization. In 1978, Maragos joined Booz Allen Hamilton in New York to work on U.S. Military Defense Command and Control Systems - requiring security clearances from the U.S. government. Maragos later became an Associate in charge of developing Information Technology solutions for major multi-national commercial clients.[2]

In 1981, Maragos joined Chase Manhattan Bank, leading a team charged with building the organization's international data and money transfer network. He was later promoted to Vice President. In 1986, Maragos joined Citibank as Vice President and Director of North American Treasury and Telecommunications Systems.[2]

In 1989, Maragos founded his own business, SDS Financial Technologies, and served as President and C.E.O. for over 20 years until his election as Nassau County Comptroller in 2009.[2]

County Comptroller

Maragos was elected as Nassau County Comptroller in November 2009, and was sworn in January 2010. He was re-elected to a second term beginning in January 2014. The comptroller and his staff oversee the County's budget and financial operations; as of 2017 the annual budget was $2.6 billion.[3] The comptroller's office audits government agencies; reviews all county contracts and claims; and reports on all matters that significantly affect Nassau County's financial health and operations.[3] The office is also in charge of administering the county payroll and employee health benefits, and preparing Nassau County's Comprehensive Annual Financial Report.[3] In general, Comptroller Maragos and his staff "work with the administration and legislature to help Nassau County overcome its fiscal challenges".[3]

Police overtime report

Comptroller Maragos released a comprehensive audit report of the Nassau County Police Department, in which he was a critic of many fundamental management practices, claiming that they were contributing to significantly higher costs than were necessary.[4][5]

Economic vision

Comptroller Maragos released a study in 2014 regarding the changing demographics in Nassau County. The study proposed a new economic vision for Nassau County which, if implemented, claimed would revitalize the economy by drawing on the County's natural advantages to become the Health and Wellness center of the world. Comptroller Maragos proposed that Nassau County should become a place where people would "want to come to receive the best medical treatments and where the next generation of miracle medicines would be discovered." Mr. Maragos urged greater focused investments in innovation, research and development, transportation infrastructure and IT to achieve this economic vision.[6]

Long Island bus study

Comptroller George Maragos at the Nassau County Legislature testimony on the privatization of In November 2010

Maragos released a study concerning the proposed privatization of Long Island Bus after over 35 years. The report recommended that the best option for Nassau County was to negotiate with the MTA to continue with the current service, with a more equitable subsidy. The MTA should first decrease the LIBS operating expense by about 4%, so that no increase in subsidies is required for 2011 by either the MTA or the County. If an increase is necessary, then both the County and the MTA should proportionately increase their subsidies in order to keep the LIBS running. However, if negotiations fail and Nassau County is forced to contribute the full subsidy demanded by the MTA of over $36 million for 2011, then Comptroller Maragos ultimately recommended that privatization be pursued.[7]

Parking ticket audit

In early 2011, Comptroller Maragos released an audit of the Nassau County Traffic & Parking Violations Agency, which showed that as of December 31, 2010 the Agency had $44 million in uncollected traffic violation fines dating back 10 years and $26 million in uncollected parking violations in the last six years with Red Light Camera past due tickets estimated at over $10 million alone as of December 31, 2011.[8]

Innovation

First Comptroller Nationwide to Post Public Contracts online using Social Media: In January 2014, Comptroller Maragos posted all vendor names, contract amounts and brief summaries of public contracts to social media via Facebook. This is considered to be the first time nationwide that public contracts have been released to the public in such a manner.[9]

Awards

In 2010 Comptroller Maragos and his staff were awarded a Certificate of Achievement for Excellence in Financial Reporting from the Government Finance Officers Association of the United States and Canada, for the County's 2009 Comprehensive Annual Financial Report.[10] The Comptroller's office was similarly recognized by the professional association in the next five consecutive years (2011-2015).[11]

Maragos's other honors and awards include:

Candidacy for Nassau County Executive 2017

Maragos announced that he would be seeking the Democratic nomination for Nassau County Executive in 2017 on September 29, 2016.[14] He stated that he had been at odds with County Republican leaders "for years"; however, up until May 2016, he had still been donating heavily to Republicans and the County Republican Committee.[15]

He received criticism from both Republicans and Democrats after his switch of party affiliation to run for County Executive. Brian Nevin, spokesman for Republican Edward P. Mangano called him an opportunist with Conservative values that he trumpeted during his two failed Senate campaigns.[14] Peter Zimmerman, Democratic National Committeeman from Great Neck called Maragos's switch "an affront to the principles and standards of the Democratic Party."[14]

Candidacy for United States Senate in 2012

George Maragos and wife Angela in 2012.

Maragos faced Congressman Bob Turner, and attorney Wendy E. Long in a primary election to face Democratic Senator Kirsten Gillibrand. The 2012 New York State Republican convention split the endorsement between the three candidates, with enough support for each candidate to automatically appear on the ballot. The primary occurred June 26, 2012 and the general election will coincide with the presidential election on November 2

Maragos was unable to get name recognition outside of Nassau County and ultimately was defeated and came in last place, 2012.[16]

Maragos also attempted to run for US Senate in 2010. United States Senate election in New York, 2010

Political views

At one point, Maragos said during an interview that "Some people would even like to marry with their pets," he said, worried that the legalization of gay marriage could also lead to the legalization of polygamy.[17] At the time he was against abortion, except to preserve the life of the mother, or in cases of rape or incest.[17] Maragos later explained that his views have "evolved," believing in the right of a woman to choose and that same-sex marriage is the law and should be respected.[14]

Personal

Maragos has been married to Angela since 1973, and has two sons, Peter and Angelo, and two grandchildren.[2]

References

  1. ↑ Hadrick, Celeste (updated November 6, 2013). "Maragos defeats Weitzman in Nassau comptroller race" (article preview only; subscription required). Newsday. newsday.com. Retrieved 2017-06-24.
  2. 1 2 3 4 5 "Biography: George Maragos". County Comptroller's Office. Nassau County, Long Island, New York. nassaucountyny.gov. Retrieved 2017-06-24.
  3. 1 2 3 4 "County Comptroller's Office", section: "Role of the Comptroller". Nassau County, Long Island, New York. nassaucountyny.gov. Retrieved 2017-06-24.
  4. ↑ Costello, Alex (updated December 7, 2016). "Nassau Police Overtime Exceeds Budget by $13M: Comptroller". Mineola Patch. patch.com. Retrieved 2017-06-24.
  5. ↑ Maragos, George, Comptroller (April 25, 2016). Limited Review of the Nassau County Police Department Overtime. The Comptroller's Office audit reports are available by date on the Comptroller's Office's website; the audit of police overtime is a 65-page PDF file, with "Executive Summary" stating purpose (p. i), key findings (p. i-ii), and key recommendations (p. iii-iv), followed by the table of contents (p. v). Retrieved 2017-06-24.
  6. ↑ "Maragos: Study Shows County Population to Decline Over Next 10 Years" (press release). County Comptroller. Nassau County, Long Island, New York. nassaucountyny.gov. Retrieved 2017-06-24.
  7. ↑ Castillo, Alfonso A. (updated November 17, 2010). "Comptroller: Nassau, MTA unfair to LI Bus riders" (article preview only; subscription required). Newsday. newsday.com. Retrieved 2017-06-24.
  8. ↑ Cassese, Sid (updated January 11, 2012). "Nassau comptroller: Unpaid tickets 'urgent issue'" (article preview only; subscription required). Newsday. newsday.com. Retrieved 2017-06-24.
  9. ↑ Hadrick, Celeste (updated January 14, 2014). "Nassau posts its contracts online for the first time'" (article preview only; subscription required). Newsday. newsday.com. Retrieved 2017-06-24.
  10. ↑ "Comptroller Maragos and Staff Presented with Financial Reporting Achievement Award". County Comptroller's Office. Nassau County, Long Island, New York. nassaucountyny.gov. January 10, 2011. Archived from the original on 2014-08-09. Retrieved 2017-06-25.
  11. ↑ "Nassau County, NY". Nassau County, NY. Retrieved 2017-08-01.
  12. ↑ "Thank you for your valiant efforts on behalf of our candidates!!" (blog post). Events-Blog. November 7, 2013. The Queens Village Republican Club, Inc. Retrieved 2017-06-25.
  13. 1 2 3 https://www.linkedin.com/in/nccomptroller
  14. 1 2 3 4 LaRocco, Paul (updated September 29, 2016). "George Maragos to seek Democratic nod in county exec race" (article preview only; subscription required). Newsday. newsday.com. Retrieved 2017-06-24.
  15. ↑ LaRocco, Paul (updated October 2, 2016). "George Maragos, now a Democrat, was regular GOP donor" (article preview only; subscription required). Newsday. newsday.com. Retrieved 2017-06-24.
  16. ↑ Reisman, Nick (March 16, 2012). "Three Challengers of Senator Gillibrand Reach the Primary Ballot". Spectrum News NY1: Queens. queens.ny1.com. Archived from the original on 2013-09-21. Retrieved 2017-06-25.
  17. 1 2 Ablamsky, Jessica (August 24, 2011). "County comptroller seeks U.S. Senate seat". The Island Now. theislandnow.com. Blank Slate Media. Archived from the original on 2016-09-24. Retrieved 2017-06-24.
Political offices
Preceded by
Howard Weitzman		 Nassau County Comptroller
2010–present 		Incumbent
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