Mayor Brown Call for End of Hard Control Board
Last week, Deloitte & Touche LLP issued a favorable FY 2006-07 audit for the City, which reported a $21,695,000 surplus, the largest in the history of the City of Buffalo and the fifth consecutive surplus the City has reported since the fiscal crisis began in 2001-02. This latest double-digit surplus brings the City’s total fund balance to just over $117 million, with $76 million free from any financial commitments or restrictions.
