The Buffalo Municipal Water Finance Authority Act governs the Water Board. In general, the Buffalo Water Authority is empowered to establish, fix, revise, change, collect, and enforce the payments of all fees, rates, rents, and other service charges for the use of the services furnished by the system. The Buffalo Water Authority is in charge of setting rates and of capital improvements to the system as a whole over $10,000. Some specific powers of the Water Board: terminate water service, sue and be sued, enter into contracts necessary to carry out the main purposes of the Water Authority, hold property in order to carry out the purpose of the Water Authority, appoint officers and employees necessary to carry out its duties, and apply for grants from the government and invest money to carry out its duties.