Troy Mayor Carmella Mantello unveiled the city’s budget proposal over the weekend.
Included in the plan is a 3.4% property tax increase. Troy leaders also included a water rate increase of $0.50 per 1,000 gallons.
City officials say the move would support rising treatment costs and lead pipe replacement. Since 2024, they say more than 800 lead pipes have been replaced.
A series of City Council budget meetings will be held, the first of which is set for Thursday. A meeting to vote on the budget is currently scheduled for December 1.
“While I applaud the mayor’s budget, I would be remiss if I did not acknowledge the sound fiscal condition she inherited,” Troy City Council President Sue Steele said in a statement. “Unlike other area cities, the previous administration did not misuse American Rescue Plan monies to balance the city budget…Financial oversight is a core responsibility of the council and we will scrutinize the numbers on behalf of the taxpayers to ensure the math adds up.”