25-1592 : Cash and Flow Report - August 2025

This item presents the Cash and Flow Report for August 2025 for the City of Buffalo and the Buffalo Board of Education. The report details projected cash receipts and disbursements for the fiscal year 2025-2026, with actual figures for July and August 2025.

Key highlights from the combined projection:

• Ending Cash & Investments: The projected combined ending cash and investments for the fiscal year are $363,528,000.
• Variances: There are variances noted between the current projection and the projection from 04/07/25, with a combined variance of $(11,677,000) in ending cash and investments.
• City of Buffalo: The city's projected ending cash and investments are $61,295,000, with a variance of $(17,233,000).
• Buffalo Board of Education: The board's projected ending cash and investments are $302,233,000, with a variance of $5,556,000.

The report is a projection and subject to revisions throughout the year.