Oct 30
2025
Buffalo to raid “Rainy Day” fund
The bad news keeps coming for the City of Buffalo’s finances. Comptroller Barbara Miller-Williams informed the Common Council this week that the city would need to dip into its Emergency Stabilization Fund — a.k.a. the Rainy Day Fund — in order to balance the books for the fiscal year that ended June 30. According to the city’s finance commissioner, the shortfall is due to costly settlements to police misconduct lawsuits that hit the city in May. Lawmakers were told the city will need to use at least $2 million from the fund and perhaps as much as $10 million, according[...]
