Uploaded August 2026 | Updated September 2026, 2 weeks ago
Albany leaders say the city faces a $55 million budget gap as officials work to update estimates and weigh options to close it.
The issue came into focus after some Common Council members questioned early 2026 budget numbers. The city now says health care and pension costs were underestimated by millions of dollars and revenues fell short by about $1 million.
Albany leaders say the city faces a $55 million budget gap as officials work to update estimates and weigh options to close it.
The issue came into focus after some Common Council members questioned early 2026 budget numbers. The city now says health care and pension costs were underestimated by millions of dollars and revenues fell short by about $1 million.
