buffalo fiscal stability authority 2021-2024 adopted budget and ...
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The Buffalo Fiscal Stability Authority adopted its 2021-2024 financial plan, establishing a four-year budget framework for overseeing the City of Buffalo and its covered organizations, including the Buffalo Public School District and Buffalo Municipal Housing Authority. The BFSA is a state-created public benefit corporation with broad financial control powers over the city and its non-exempted entities, with the authority continuing until at least June 30, 2037. The document outlines the Authority's organizational structure, staff, budgetary assumptions, revenue and expenditure forecasts, and long-term debt management for the specified period.
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East Buffalo Township's financial statements for the year ending December 31, 2023, have been audited and present fairly the township's financial position, governmental activities, and fund information in accordance with generally accepted accounting principles. The audit covered the township's governmental funds, major funds, and fiduciary fund activities, with the independent auditor concluding that the financial statements fairly represent the township's respective changes in financial position for the year ended December 31, 2023. The complete financial statements include detailed statements of net position, activities, revenues, expenditures, fund balances, and related notes, along with required supplementary information regarding pension liabilities and employer contributions.
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