The mayor of New York’s second-largest city has called on the state to help shore up its finances as it battles a large deficit.
Buffalo Mayor Sean Ryan, who assumed office on January 1, has said that New York State may be willing to help the city improve its financial outlook, and Governor Kathy Hochul has not dismissed the idea.
Newsweek reached out to Ryan’s office for comment via the contact form on the city website.
How Much Is the Deficit?
A first-quarter gap analysis from the city comptroller shows the city faces a budget shortfall of at least $42.8 million, and suggests it could climb to $80.3 million this year. The former administration, led by acting Mayor Christopher Scanlon, reported in November that the deficit would be in the region of $2.3 million…