Buffalo Fiscal Stability Authority

BUFFALO FISCAL STABILITY AUTHORITY
MISSION STATEMENT
Created by the State of New York as a public benefit corporation, it is the mission of the Buffalo
Fiscal Stability Authority (BFSA) to provide financial oversight over the budgets, financial plans
and capital plans of the City of Buffalo and its covered organizations. BFSA shall undertake such
actions as afforded to it under its enabling legislation, as necessary, to assure the financial stability
of the City and its covered organizations, to preserve the confidence of the investors and bond
rating agencies, to uphold essential services to residents, to maintain affordable property taxes,
and to protect the economy of both the region and the State as a whole.