May 5
2025
Control board asks Scanlon for a backup plan
The Buffalo Fiscal Stability Authority last week instructed Acting Mayor Chris Scanlon to produce a fallback plan should the revenue projections in his proposed budget fail to pan out. Particularly worrisome to the control board is an estimated $26.5 million Scanlon hopes to raise in the next year by selling the city’s parking ramps. The measure requires state legislation that — as of my hitting send on this newsletter, anyway — has not been approved. Control board members were concerned, too, about how much money the city would get for the ramps, and whether the sale could be completed quickly enough to[...]