By Jimmy Vielkind, includes “Officials in Buffalo, the second-largest city in New York, were already preparing to borrow $18 million to keep them in the black after the novel coronavirus caused municipal revenues—from parking meters to sales tax—to shrivel. But when word came from Democratic Gov. Andrew Cuomo’s administration that a $98.4 million state grant due on June 25 would be about $20 million short, the city raised its borrowing plans by 50%.”