{"id":322569,"date":"2026-08-16T15:22:09","date_gmt":"2026-08-16T15:22:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-ny\/322569\/"},"modified":"2026-08-16T15:22:09","modified_gmt":"2026-08-16T15:22:09","slug":"city-of-albany-projecting-33m-budget-gap-in-2027","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-ny\/322569\/","title":{"rendered":"City of Albany projecting $33M budget gap in 2027"},"content":{"rendered":"<p>The city of Albany may face a budget gap of more than $33 million in 2027.<\/p>\n<p>City officials <a href=\"https:\/\/www.albanyny.gov\/m\/newsflash\/home\/detail\/711\" target=\"_blank\" rel=\"nofollow noopener\">shared that outlook<\/a> on Saturday as part of a mid-year update to the city\u2019s financial plan.<\/p>\n<p>Mayor Dorcey Applyrs said the city will need multi-year solutions to deal with its fiscal instability.<\/p>\n<p>The new report\u2019s projections also continue to put the city at a roughly $22 million budget deficit for the current year, after looking at spending and revenues through the end of June.<\/p>\n<p>The city has been working for months to address fallout from budget gaps for this and last fiscal year, leading to an internal review of areas where the city could save money and a hiring freeze for non-essential roles in March.<\/p>\n<p>A big increase in state aid earlier this year provided some help, but a new letter from the mayor to the state comptroller\u2019s office warns newly projected revenue shortfalls will eat into some of that relief.<\/p>\n<p>The mayor also says health coverage costs now appear to be rising more quickly than expected.<\/p>\n<p>She has asked the comptroller\u2019s office to review the report.<\/p>\n","protected":false},"excerpt":{"rendered":"The city of Albany may face a budget gap of more than $33 million in 2027. City officials&hellip;\n","protected":false},"author":2,"featured_media":322570,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[206,9,11,10,49,51,50,12,87,380],"class_list":["post-322569","post","type-post","status-publish","format-standard","has-post-thumbnail","category-new-york","tag-albany-capital-region","tag-new-york","tag-new-york-headlines","tag-new-york-news","tag-new-york-state","tag-new-york-state-headlines","tag-new-york-state-news","tag-news","tag-politics","tag-spectrum-news-staff"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/322569","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/comments?post=322569"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/322569\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media\/322570"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media?parent=322569"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/categories?post=322569"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/tags?post=322569"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}