N.Y. (WNYT)- City Treasurer Darius Shahinfar has publicly released the City of Albany’s FY2026 Q3 report. Mayor Dr. Dorcey L. Applyrs has made a statement on the document
Applyrs has stated that the report details the necessity of Albany’s $10 million Revenue Anticipatory Notice to fulfill its end-of-year financial obligations. The report also details the Treasury’s long-term goal of operating in a surplus, which allows the city to rebuild its General Fund balance and to strengthen its cash reserves.
Applyrs adds that the state funding that her administration fought to secure with state partners has strengthened the city’s finances.
Additionally, Applyrs notes that in order to achieve financial stability, Albany must start by receiving anticipated revenue, reducing expenses, and submitting a balanced budget for 2027.
“The road ahead requires making difficult decisions, shared responsibility, strong oversight, and diligence,” Mayor Applyrs said. “My Administration remains committed to these actions to strengthen Albany’s future.”
