Cash Flow Woes Land Buffalo on Watch List

October 2001
Bond Buyer;10/24/2001, Vol. 338 Issue 31250, p5
Trade Publication
Reports on the plan of Moody's Investors Service Inc. to reduce funds allocated to Buffalo, New York. Budget shortage for Buffalo in the year 2001; Fiscal consequences of budget reduction; Dependency of the city on state aid; Difference in credit ratings assigned by Moody's Investors Service Inc. and Standard & Poor's Corp.


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