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Committee approves short interfund advance to unlock state grant for West Ferry Lift Bridge project
Summary
The finance committee agreed Jan. 2025 to send forward an interfund loan request that would advance roughly $95,000 so the city can accept a $700,000 state transportation grant for work at the West Ferry Lift Bridge; council members asked for more accounting detail on the interfund balance before final approval.
The Buffalo City Committee on Finance on Jan. 2025 moved to send an interfund loan request forward so the city can accept a state Department of Transportation grant for work at the West Ferry Lift Bridge.
Acting Commissioner of Administration and Finance Raymore Nosworthy told the committee the DOT grant totals $700,000 but the city needs an upfront encumbrance of about $95,000 to proceed and secure the reimbursement grant funds. "There's just $95,000 needed, to be encumbered upfront in order…
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