Over many years, going back nearly 50, the finances of the City of Buffalo have had a whole lot of ups and downs. Years with major deficits, years with comfortable surpluses. Sometimes, though, years of surpluses can lull a municipal government into a sense of complacency.
In the most recent version of financial roller coastering, the Buffalo Fiscal Stability Authority, aka the Control Board, was created by the state in 2003 following budget difficulties magnified by the financial turmoil that followed the terrorist attacks on the country in 2001. The board was put in place in a “control” or “hard board” status right from the get-go, and immediately set about imposing serious budget controls on the City government as well as the Buffalo Board of Education, including a wage freeze that extended for several years. Continue reading
A collection of recent observations: Continue reading
We all get on a variety of email listservs over time. We might sign up for some of them, but many are just a waste of time.
If you’re in to following politics the emails can turn into a flood. From the various media outlets there are dozens of newsletters. Very few of them write original content. Most are aggregators of news and opinion pieces from other sources, and they generally overlap with one another. If you read one of the sites you can probably pass on reading 90 percent of the others available daily. Continue reading
Farewell, Harry, we hardly knew ‘ya
Last week’s news that Republican businessman Harry Wilson will pass on the opportunity to run for governor certainly has serious consequences for the Republican Party. State Chairman Ed Cox convened a meeting of party leaders on Monday in Albany to interview the remaining potential GOP nominees: former Erie County Executive Joel Giambra; Assembly Minority Leader Brian Kolb; and State Senator John DeFrancisco. Aside from the interviews, the party is trying to figure out where it is going. The New York Daily News story about the meeting made use of such words as “panic,” “desperate,” and “depressing.” Continue reading
Happy New Year everyone!
The Bills are in the playoffs – moving in the right direction. McDermott for President!
Some new challenges, some new names, and some not-so-new names. Here are some facts, heard-on-the-streets and speculation for 2018: Continue reading
As the dust settles from Doug Jones’ stunning upset victory in the Alabama Senate race, inquiring minds are wondering just how much the factors in that race and others in 2017 might figure into races in New York State in 2018.
On the surface, there does not presently appear to be much happening in next year’s local state legislative races. You can’t beat somebody with nobody. On the other hand, there are now four potential Democratic challengers to Chris Collins in the mix. Continue reading
The United States Senate this past Friday completed its version of their so-called tax reform legislation. The 500 page bill was prepared entirely by the Republican Majority in the Senate; no Democrats allowed. It was approved in the dead of night, with last minute amendments hand-written illegibly in some cases. Lobbyists had copies of the bill before senators did. The legislation will increase the national debt by one trillion dollars over the next ten years. Continue reading