24-1282 : Bollman- Charting Buffalo's Path to Fiscal Stability

This resolution, "Charting Buffalo's Path to Fiscal Stability," addresses a projected $40 million budget shortfall for the City of Buffalo, with expectations of larger deficits in the future. It outlines several requests and directives aimed at improving fiscal management and stability.

Key Directives and Requests:

• Fiscal Stability Authority Appointment: Requests the appointment of a Buffalo Common Council member to the Buffalo Fiscal Stability Authority.
• Vacancy Reporting: Mandates detailed monthly vacancy reports from the Administration and Finance Department to the Common Council.
• Expenditure Review: Directs a comprehensive review of non-revenue generating programs and non-contractually obligated costs to identify potential suspensions.
• Revenue Enhancement: Calls for a review of strategies to increase revenue, including collecting adjudicated funds, updating fee schedules, pursuing grants, and leveraging partnerships.
• Monthly Budget Reporting: Requires monthly meetings between the City Comptroller, Administration and Finance, and the City Council to discuss budget status, expenditure reductions, revenue enhancements, and the impact of the four-year plan.

The resolution was initiated by Taisha St. Jean and sponsored by Bollman, Scanlon, and Halton-Pope. It has a history of being tabled multiple times by the Finance Committee, with the latest status indicating it was tabled on December 30, 2025, with the next meeting scheduled for January 13, 2026.