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Peoples-Stokes Opposes Mayor's $500M Borrowing Proposal

3/27/2026

Summary

Story summary

Assembly Majority Leader Crystal Peoples-Stokes opposes a bill allowing Albany Mayor Sean Ryan to borrow $500 million from the Buffalo Fiscal Stability Authority without triggering a hard control board.
Senator April Baskin proposes increasing bonding limits, which Assembly Majority Leader Crystal Peoples-Stokes says will have consequences.
Peoples-Stokes asserts the state should help local governments manage existing resources rather than altering laws to benefit them.

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Story summary

Assembly Majority Leader Crystal Peoples-Stokes opposes a bill allowing Albany Mayor Sean Ryan to borrow $500 million from the Buffalo Fiscal Stability Authority without triggering a hard control board.
Senator April Baskin proposes increasing bonding limits, which Assembly Majority Leader Crystal Peoples-Stokes says will have consequences.
Peoples-Stokes asserts the state should help local governments manage existing resources rather than altering laws to benefit them.