budget | Observer Chronicle

Friday, November 13, 2026Albany 40° Mostly Cloudy Poughkeepsie 39° Chance Light Rain

Latest

10:26 AMColonie EMS wins $4 million to put blood on ambulances across nine counties
7:30 AMPalatin to Report First Quarter Fiscal Year 2027 Results
Nov 12Hochul leaves mid-decade redistricting on the table after Democratic gains
Nov 12Mayor Applyrs bars ICE from using Albany city property for immigration enforcement
Nov 12Lander leads Ashby in unofficial Senate 43 counts, and a recount is still likely

Albany will borrow $10 million to cover bills until sales-tax money arrives

November 9, 2026 by Colleen Mahoney

Albany City Hall at night, its stone clock tower and American flag lit against a dark blue sky

The City of Albany plans to sell $10 million in revenue anticipation notes on Nov. 24 to cover operating costs, including payroll, through year-end, after reserves that normally bridge the city to January revenue ran down, Treasurer Darius Shahinfar told WAMC and CBS6.

Schenectady passes a 2027 budget with a 14% tax increase, and a bid for state aid

November 6, 2026 by Mara Koenig

The gold-domed clock tower of Schenectady City Hall against a cloudy sky

The Schenectady City Council voted 5-1 on Nov. 5 to adopt a 2027 budget with a 14 percent property tax levy increase, WAMC reported, far below the mayor’s original proposal, and wrote in millions in state aid that has not been secured.