25-266 : Wyatt - REQUEST FOR MONTHLY FINANCIAL REPORTS TO MONITOR CITY FINANCES

This resolution, sponsored by Council Member Rasheed N.C. Wyatt and initiated by Pedro Gonzalez-Ortiz, requests that the Office of Finance and Administration and the Comptroller's office provide the Buffalo Common Council with monthly financial reports in addition to the current quarterly reports. This is in response to a projected financial deficit and the need for more proactive oversight. The monthly reports will detail city revenues by source, expenditures by department, fund balances, and any corrective financial measures. These reports are to be submitted by the 15th of each month to aid in timely decision-making for the upcoming budget process. The resolution was adopted by the Common Council on February 4, 2025, but has been repeatedly tabled by the Finance Committee since February 11, 2025, with the latest tabling for the December 30, 2025 meeting indicating it is still pending.