Madden unveils 2024 proposed budget with 3.12 percent property tax increase
TROY, N.Y. — Mayor Patrick Madden recently unveiled his eighth budget proposal, which includes a 3.12 percent property tax increase and a water rate increase of $0.40/1000 gallons. Madden’s “Neighborhood Reinvestment 2024 Troy City Budget Proposal” is a $112,735,583 spending plan. For a homeowner with a property assessed at $150,000, the 3.12 percent tax increase, […]