TROY, N.Y. (NEWS10) -- Troy Mayor Carmella Mantello issued a proposed 2026 budget for the city on Friday night. The $122 million plan aims to ensure fiscal discipline and modernized, long-term stability for Troy.

The proposed budget features a push to preserve the city's credit standing while remaining below the state tax cap with a tax rate expansion of 2.29%. The 2026 plan also includes bolstered funding for Troy Police and the Troy Fire Department, with suggested upgrades to their facilities, technology, and training resources.

"Like every municipality across New York, Troy continues to face mounting cost pressures driven by rising healthcare premiums, pensions, equipment and materials," Mayor Mantello stated. "But through careful planning, collaboration, and accountability, we are ho

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