Troy
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Unofficial demonstration dashboard

City of Troy, New York

Unofficial demonstration dashboard for the City of Troy, New York (Rensselaer County seat), built from the adopted General Fund budgets summarized in the city's 2026 bond anticipation note official statement. General Fund only.

Basis — read this first: Every figure on this page comes from Appendix A2 (General Fund — Revenues, Expenditures and Changes in Fund Balance) of the City of Troy Final Official Statement for $8,886,981 Bond Anticipation Notes, 2026 (Fiscal Advisors & Marketing, Inc., dated January 15, 2026), whose table is sourced to the Audited Financial Reports and Adopted Budgets of the City. Basis, disclosed: this page rests on the official statement's adopted-budget appendix, not on the budget book itself, which was not retrieved; only the General Fund is summarized there, so no all-funds total is shown. The appendix's final two columns are the 2025 Adopted Budget and the 2026 Adopted Budget, and the FY 2026 column is what this page uses. The city's December 1, 2025 news release announces passage of the 2026 budget and a $25 garbage-fee reduction but states no dollar total, tax rate, or resulting fee, so none of those is cited from it; the $122M all-funds figure in news coverage and the mayor's proposed budget is NOT used as a basis. No verified New York jurisdiction palette was on file, so this page uses the neutral Hometown Numbers dark-glass theme rather than a jurisdiction color.

Overview

Troy's adopted FY 2026 General Fund budget totals $87,587,323 in revenues against $84,814,598 in expenditures, an excess of $2,772,725 that is fully transferred out ($4,645,725 out against $1,873,000 in), leaving the fund balanced. Real property taxes and tax items ($32,305,026) and non-property tax items ($23,195,000) are the two largest revenues; public safety ($55,222,548, about 65% of General Fund spending) dominates expenditures. The city's 2026 tax rate is $16.53 per $1,000 (2025: $16.22) on an assessed valuation of $1,826,870,889.

Source: City of Troy 2026 Bond Anticipation Notes Final Official Statement, Appendix A2.

At a glance — adopted General Fund, FY 2026

$87,587,323
General Fund revenues, FY 2026 adopted
$84,814,598
General Fund expenditures, FY 2026 adopted
$32,305,026
Real property taxes and tax items, FY 2026 adopted
$55,222,548
Public safety expenditures, FY 2026 adopted
$16.53
Tax rate per $1,000, 2026 (2025: $16.22)

Source: City of Troy 2026 Official Statement, Appendix A2 and Tax Information.

Headline budget

General Fund balance, FY 2026 adopted (exact).

Total revenues$87,587,323
Total expenditures$84,814,598
Excess of revenues over expenditures$2,772,725
Operating transfers in$1,873,000
Operating transfers out($4,645,725)
Net change (balanced)$0

For comparison, FY 2025 adopted: revenues $83,008,351; expenditures $78,395,250; excess $4,613,101; transfers in $1,475,000; transfers out ($6,088,101); net change $0.

Total tax levy, 2026 (Tax Collection Record)$30,194,026
Total tax levy, 2025$29,421,145
Assessed valuation, 2026$1,826,870,889
Tax rate per $1,000, 2026$16.53
Tax rate per $1,000, 2025$16.22

Note: the levy-table total ($30,194,026) and the General Fund revenue line for real property taxes and tax items ($32,305,026) are different measures — the revenue line includes tax items beyond the levy — and are not forced to match.

Source: City of Troy 2026 Official Statement, Appendix A2 and Tax Information.

Breakdown

General Fund revenues, FY 2026 adopted (sums exactly to $87,587,323).

Real property taxes and tax items$32,305,026
Non-property tax items$23,195,000
Federal aid$13,591,841
Departmental income$8,323,500
Interfund revenues$3,304,792
State aid$2,298,081
Fines and forfeitures$1,654,500
Sale of property$1,170,500
Licenses and permits$830,000
Use of money and property$822,383
Miscellaneous$91,700
Total revenues$87,587,323

General Fund expenditures, FY 2026 adopted (sums exactly to $84,814,598).

Public safety$55,222,548
General government support$12,332,478
Employee benefits$8,217,611
Culture and recreation$3,815,559
Transportation$3,647,640
Home and community services$1,341,602
Health$237,160
Debt service$0
Total expenditures$84,814,598

Adoption context from the city's own December 1, 2025 release: the Council passed the 2026 budget, the garbage fee was reduced by $25 (the first decrease in the fee's history), one free annual at-home bulk pickup was added, and the budget stayed below the state tax cap. The release states no total, rate, or resulting fee, so none is cited from it.

Source: City of Troy 2026 Official Statement, Appendix A2.

Elected officials

As named in the cited official statement.

MayorCarmella R. Mantello
Deputy MayorSeamus Donnelly
Council PresidentSue Steele
Council MemberBill Keal
Council MemberRyan Brosnan
Council MemberKatie Spain-McLaren
Council MemberAaron Vera
Council MemberIrene Sorriento
Council MemberThomas Casey
City TreasurerGabrielle Mahoney
City ComptrollerMichael McNeff
City ClerkMaria DeBonis

Sources & notes

  • Only sources used: City of Troy 2026 Bond Anticipation Notes Final Official Statement, Appendix A2 (sourced to the Adopted Budgets of the City) and Tax Information tables. 2026 Official Statement; City of Troy December 1, 2025 budget-passage release (adoption context only).
  • Sum checks: FY 2026 revenues exact ($87,587,323); FY 2026 expenditures exact ($84,814,598); balance exact ($87,587,323 − $84,814,598 = $2,772,725 = $4,645,725 − $1,873,000); FY 2025 adopted balance exact on the same basis.
  • What is not claimed: no all-funds total is shown (the cited appendix covers the General Fund only); the budget book and Ordinance O33-2025 were not retrieved; the $122M all-funds figure, the $229 garbage fee, and the under-2.3% tax-increase figure appear only in news/proposal material and are not cited as adopted figures; Troy, Ohio material was not used.
  • Jurisdiction palette: No verified New York jurisdiction palette was on file, so this page uses the neutral Hometown Numbers dark-glass theme rather than a jurisdiction color.

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