Niagara Gazette

Local News

March 6, 2013

Dyster wants Falls to be first in state Financial Assistance Restructuring Program

(Continued)

Niagara Gazette — “I don’t think the state program goes far enough, but I would definitely be willing to work with it,” he said.

Walker agreed with Dyster’s call for a serious look at the city’s financial future beyond the possible financial issues that might come this summer.

“We’ve got to look at long-term issues and not just what we can do today,” Walker said.

Councilman Sam Fruscione was one of three council members to vote to impose a freeze on all discretionary funding at Monday’s City Council meeting.

He, Council Chairman Glenn Choolokian and Councilman Robert Anderson Jr. voted to impose the freeze to create savings where the city can in order to prepare for any cash flow issues, Fruscione said.

During the council meeting Fruscione asked Dyster if the program would help to address the short-term issues, saying that although the imposed spending freeze would not cover the possible $7 million gap the savings would help to ensure that the city would not have to cut services or jobs if the casino revenues are not delivered on time.

“What the council has on the agenda plans will provide at least $800,000 worth of savings,” Fruscione said.

Fruscione said he supports the city participating in the program but does not see it as a solution to potential short-term issues during a phone interview Tuesday afternoon.

“We still have a $7 million gap coming our way,” he said. “This is not going to solve our problems.”

And while the program could lead to funding opportunities it may take a long time for those funds to materialize, Fruscione said.

“We need funds,” he said. “Not advice.”

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