City of Buffalo is considering using American Rescue Plan funds to fill budget gaps, again [Video]

The city of Buffalo has already used $160M from the American Rescue Plan to fix budget deficits, now it’s considering using another $40M to do it again.

BUFFALO, N.Y. — According to the Buffalo Fiscal Stability Authority, the city of Buffalo is considering using American Rescue Plan funds for revenue replacements.

The looming budget deficit could be anywhere between $15M and $30M according to the BFSA.

Right now, the city is sitting on $41M of ARPA funds that are unobligated, meaning that no contracts have been signed to allocate the money for projects.

Officials from the BFSA tell 2 On Your Side that city finance staff members reached out to the authority earlier this week to because recent deficit projections appeared “higher than first thought.”

Back in September the fiscal authority recommended that the city begin clawing back ARPA commitments, as there was significant revenue uncertainty.

“The reason is that …

Tags Budget Review, Budget Savings, Content Management, Project Management