Mayor Patrick Madden Releases City of Troy Third Quarter Financial Report

Mayor Patrick Madden Releases City of Troy Third Quarter Financial Report

FOR IMMEDIATE RELEASE | OCTOBER 18, 2016

Mayor Patrick Madden Releases City of Troy Third Quarter Financial Report

TROY, NY – As part of the Madden administration’s ongoing commitment to strengthening the city’s financial standing through accurate and improved fiscal reporting, Mayor Patrick Madden today announced the release of the City of Troy’s Third Quarter 2016 Financial Report with commentary detailing the first nine months of the city’s 2016 fiscal year. The document, prepared by the City Comptroller’s office, provides a detailed report on the income and expenditures of the City of Troy through September 30, 2016.

“Ensuring our residents have a clear understanding of Troy’s fiscal standing through timely and accurate analysis by our capable City Comptroller’s office is critically important in restoring the public’s trust in City Hall,” said Mayor Patrick Madden. “I remain committed to implementing common-sense, fact-based solutions to the city’s financial challenges and look forward to working cooperatively with the City Council during the upcoming budget hearings.”

Mayor Madden and members of the City Comptroller’s office will make a public presentation of the Third Quarter Financial Report during the Troy City Council Finance Committee meeting at Troy City Hall, 433 River Street, on Wednesday, October 19 at 6:00 p.m.

The report is available on the City of Troy website for download and review at www.troyny.gov

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MEDIA CONTACT:
John Salka, Deputy Director of Public Information
[email protected] / (518) 279-7131