O
Troy

Troy · week of October 24, 2026

1 development and 7 issues moved in Troy

Summarized from the official meeting transcript — every claim links to the moment it was said. How we make this

Development activity

  • 1 Monument Square Redevelopment

    1 Monument Square, Troy, NY

    Redevelopment of the downtown 1 Monument Square property supported by ARPA funding and letters of intent.

    Discussed — no decision yet

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Also discussed

  • USDA wildlife management services contract

    Troy winters have drawn roosts of up to 15,000 crows that blanket downtown in droppings, hurting businesses and school events. The proposed USDA agreement would use non-lethal harassment (lasers, distress calls, screamer shellfire) over five nights each winter.

    What it means: About $13,500 not-to-exceed, reimbursable only for work actually performed — if the crows don't show, the city doesn't pay.

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  • 2027 water rate increase

    The proposed 2027 sewer rate is $4.27 per thousand gallons, about 7.6% higher, continuing a steep climb since 2025. The administration points to aging 1880s-era sewer infrastructure, camera inspections, and long-delayed DEC compliance work as the reason.

    What it means: Sewer bills are proposed to rise about 7.6%, up roughly 32% since 2025.

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  • Water fund transfer to general fund

    The proposed budget moves $2.48 million from the water fund surplus into the general fund — a 32% jump. Council members argued the water fund is being treated like a hidden, regressive property tax; the administration countered the practice is decades old and needed to avoid tax hikes or service cuts.

    What it means: A $2.48 million shift out of the water fund helps hold down property taxes but pushes costs onto water bills.

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  • Water Supply and Distribution System Reconstruction

    Several neighboring communities — Rensselaer, East Greenbush, Waterford, Halfmoon, and Menands — pay less than Troy residents for water. The administration is reviewing outdated contracts and broken meters, aiming to have improved agreements in place for the 2028 budget.

    What it means: Troy water customers, who could see less pressure on their own rates.

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  • 2027 City Budget Proposal and Departmental Review

    The LDC is reviewing its upcoming budget for fiscal year 2027, outlining expected revenues from rentals and financing, alongside professional service contracts and debt service payments.

    What it means: The proposed 2027 budget outlines projected revenues of approximately $860,737 and expenditures of $624,344.

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  • Monument Square Mixed-Use Development Project

    The corporation is reviewing ARPA fund allocations and letters of intent to advance the redevelopment of the prominent 1 Monument Square site.

    What it means: Involves utilization of approximately $1.95 million in ARPA funds.

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  • King Fuels Waterfront Redevelopment

    Board members will discuss extension strategies and cooperative approaches with regional stakeholders for environmental cleanup at the King Fuels site.

    What it means: The local community through environmental cleanup and enhanced property utility.

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What's coming, and the deadline

  • City Council · Thursday, November 5

    • 2026 General Fund Budget Transfers
    • City-Owned Real Property Auction
    • 2025 Financial and Single Audits Acceptance
    • USDA Wildlife Management Services Contract
    Read the agenda →

Published by OpenNewYork. 3 meetings covered.