Troy mayor calling for 28 percent property tax hike, blames previous unbalanced budgets

TROY, N.Y. (NEWS10) – The Troy mayor announced his proposed 2017 budget on Friday, and it immediately received a lot of backlash.

Included in the budget is a significant tax increase that will heavily impact taxpayers, especially homeowners. Mayor Patrick Madden announced the proposed budget calls for a 28 percent property tax increase.

The city council said it’s the highest increase in the history of the city.

“That’s too much,” Antonia Fiscarelli said. “That’s outrageous.”

Madden said the increase is the only way to fix the imbalance of expenditures and revenues passed down from recent years. The proposal also includes closing down the city’s two public swimming pools in 2017.

“It was the failure of a prior mayor and administration that unfortunately politicized budgets,” City Council President Carmella Mantello said.

Earlier in the year, the council presented a 16-point plan that would cut expenditures, raise revenue and cut overtime. It passed unanimously, but the mayor rejected it.

“It’s going to illicit some emotional reaction just like it will with everybody, but I think the council is committed to holding their workshops, holding their hearings, getting a better understanding of how we arrived at this number,” Madden said.

If passed, taxpayers will feel the effect the most. City property could go up 5.6 percent. For example, someone with a $100,000 house could pay up to $1,500 a year for taxes.

“I can’t afford it,” Fiscarelli said. “No, you’re going to have to find another way. You’re going to have to find another way. I don’t know what to tell you.”

John Kelleher also opposes the proposed increase.

“My daughter’s in college,” he said. “It’s probably the reason why a lot of people don’t even want to live in Troy. The taxes are terrible over here.”

The council president stressed they will be rejecting the increase. Mantello also said a lot of meetings will be held over the next five weeks to address the proposal.

A special meeting will be held at 6 p.m. Thursday, October 13 where the public will be invited to voice their concerns.

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