Troy Urged to Live Within Means ; Budget Talks Show 2004 Spending, Income Gap

Summary


TROY -- The city expects to end 2004 spending $2.67 million more than it takes in for the year -- its first deficit spending since 1999, and its largest in at least 15 years.

The city of 22,000 remains in good fiscal health -- its unencumbered balance is expected to be about $51.8 million on Dec. 31.

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Troy Urged to Live Within Means ; Budget Talks Show 2004 Spending, Income Gap

But as 2005 budget discussions enter their final week, there's growing sentiment among the elected ranks at...

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