Troy council OKs final 2017 budget
Published 3:00 am Friday, September 30, 2016
The Troy City Council unanimously passed the budget for the 2017 fiscal year on Thursday, which officials said is the biggest in the city’s history.
“It’s a good sign for the City of Troy that the budget continues to grow each year,” said Councilman Charlie “Sarge” Dunn. “I’m glad to see it.”
The total budget amounts to $70 million. The general fund budget is set at $29 million and the utilities fund budget at $41 million.
The council also unanimously approved an amendment to the project agreement between the city and Harbert Realty Services, LLC. on the Park Place commercial development.
Mayor Jason Reeves said that the amendment memorializes the agreement and will allow the city to recoup all the money in relation to the option property. It will also allow for site lighting.
“Within the next few months, I think we’ll see everything open up that we’ve been waiting on,” Reeves said to the council. “I think this will be a tremendous legacy for all of you.”
Councilman Marcus Paramore nominated Matthew Baker to take the place of Municipal Judge N. J. Cevera, who retired from the seat after 20 years of service. The nomination was seconded by Councilman Greg Meeks and unanimously approved by the council.
“We thank Mr. Cevera for his 20 years of service,” said Paramore.
The next city council meeting will be held on Tuesday, October 11. There will be a work session upstairs at City Hall at 4 p.m., followed by the regular meeting at 5 p.m. in the city council chambers.