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Metro East Sun

Wednesday, January 22, 2025

The price of local government: City of Troy

Budget 10

The city of Troy budget was $18.37 million for its 2015 fiscal year, or $4,215.36 per household.

That's an increase of 25.6 percent from 2014 when the city spent $14.63 million, or $3,357.39 per household.

Troy has 4,357 households and a population of 10,023.

Since 2001, the city of Troy budget has grown by 92.2 percent, from $9.56 million. The city population has grown 7.8 percent over the same period, from 9,300.

Salaries accounted for 18.2 percent of city spending in 2015. Troy property taxpayers paid $3.34 million for 51 full-time employees and 11 part-time employees.

In 2001, the city had 43 full-time employees and eight part-time employees and spent $2.44 million.

Year
Population
Budget
Salaries
Salary %
# Employees
$$ Per Employee
2015
10,023
$18,366,334.20
$3,344,842.14
18.2
62
$53,949.06
2014
10,023
$14,628,163
$3,283,497.86
22.4
59
$55,652.50
2013
10,023
$13,895,440
$3,155,852.96
22.7
59
$53,489.03
2012
10,023
$14,163,402
$3,140,547.86
22.2
62
$50,653.99
2011
9,880
$14,020,128
$3,103,966.44
22.1
51
$60,862.08
2010
9,888
$19,544,880
$3,172,822.89
16.2
63
$50,362.26
2009
12,479
$18,751,220
$3,066,558.97
16.4
54
$56,788.12
2008
12,479
$14,629,319
$3,162,839.49
21.6
54
$58,571.10
2007
10,083
$23,416,263
$2,880,267.39
12.3
53
$54,344.66
2004
8,724
$16,086,325.80
$2,701,096.17
16.8
51
$52,962.66
2003
8,724
$13,147,200
$2,655,970.68
20.2
47
$56,510.01
2002
8,724
$10,126,890
$2,562,732
25.3
48
$53,390.24
2001
9,300
$9,556,024
$2,439,253.49
25.5
51
$47,828.49

All values in this story are inflation-adjusted real values.

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