25-83 : BSA Audit Findings Regarding Annual Report

This agenda item, 25-83, concerns the Buffalo Sewer Authority (BSA) Audit Findings Regarding Annual Report. The independent audit, performed by Drescher & Malecki LLP, found no deficiencies or irregularities in the BSA's accounting and financial work for the fiscal year ending June 30, 2024. The audit concluded that the BSA's accounting practices were "clear" and "transparent".

Key highlights from the 2023-2024 financial report include:

• An investment of approximately $38 million in Green Infrastructure, Smart Sewers, and Facility enhancements.
• Compliance with Federal requirements for $850,000 of American Rescue Plan funds.
• A $575,000 grant from the U.S. Department of Labor for workforce development.
• Adoption of a five-year capital plan totaling approximately $268 million for 2024-2025, including $176 million for the Bird Island Treatment Facility and $92.3 million for the Queen City Clean Waters (QCCW) initiative.
• For the 37th consecutive year, the BSA was awarded a Certificate of Achievement for Excellence in Financial Reporting by the Government Finance Officers Association (GFOA).

The item has been repeatedly tabled by the Community Development Committee since January 21, 2025, with the latest status indicating it was tabled on November 18, 2025, and next scheduled for December 2, 2025.