Tuesday, October 15, 2024

Troy budget hike just below 2%

Troy Mayor Carmella Mantello’s just-proposed 2025 budget of $117.2 million would raise your property tax by 1.89%.

While it would not impact the Terrace at Highpointe that has no lead water lines, it includes $26 million that Terrace homeowners would be required to help pay for replacing remaining lead lines in older parts of the city that carry drinking water, as part of a three-year section of a five-year capital plan.

A report by the Times Union explains her budget proposal. Go here to access it.

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