News Flash

Posted on: December 8, 2017

Fitch upgrades Buffalo's Bond Rating to "AA-"

Fitch Ratings has upgraded the City of Buffalo's bond rating to "AA-" in its latest rating report, the highest rating the city has received from the agency.

"We are thrilled to be in the 'Double A' category with Fitch," said Buffalo Com...

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Comptroller
Posted on: December 7, 2017

Schroeder Puts Financials in User-Friendly Format

Comptroller issues Popular Annual Financial Report.

In an effort to share Buffalo's financial information in a user-friendly format, Comptroller Mark J.F. Schroeder has issued the city's latest Popular Annual Financial Report (PDF).

"Every year we issu...

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Comptroller
Posted on: December 6, 2017

Schroeder Launches Open Book Buffalo

In an effort to make Buffalo's finances more transparent and accessible to the public, Buffalo Comptroller Mark Schroeder has launched Open Book Buffalo, an interactive tool on his website that allows citizens to see how the city is spending their tax dol...

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Comptroller
Posted on: December 5, 2017

National Grid Refunds Buffalo $1 Million

National Grid Refunds Buffalo $1 Million as a Result of Comptroller Schroeder's Street Light Audit

Additional refunds are expected from remaining claims spurred by audit.

The City of Buffalo has been refunded more than $1 million by National Grid as a resul...

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Comptroller
Posted on: December 4, 2017

Schroeder Unveils Watchdog Hotline

Citizens encouraged to report waste, fraud, and mismanagement in city government.

Buffalo Comptroller Mark J.F. Schroeder unveiled the Watchdog Hotline, a phone number and website dedicated to exposing waste, fraud, and mismanagement in city government.

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Comptroller
Posted on: December 3, 2017

Arbitration Panel Awards Buffalo $200,000

Arbitration Panel Awards Buffalo $200,000 as a Result of Schroeder's Audit of the Erie Basin Marina

Arbitrators confirm city ownership of floating docks.

An arbitration panel has awarded the City of Buffalo $198,144, plus 9% interest, as a result of Buffalo...

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Comptroller
Posted on: December 2, 2017

CPA Firm Gives Schroeder High Marks on Audit Process

Peer review audit says Schroeder's department consists of "experienced, competent, and qualified professionals".

Buffalo Comptroller Mark Schroeder hired a firm of certified public accountants to review his audit team, known as a peer review, whi...

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Comptroller
Posted on: December 1, 2017

Standard & Poor’s Upgrades Buffalo to “A+”

“A+” rating by Fitch and “A1” by Moody’s are maintained.

Citing recent economic development and “strong financial management,” Standard & Poor’s has upgraded the City of Bu...

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Comptroller