08/26/2026
Dearest reader… another note has found its way to Lady Budgetdown’s ledger. 🪶📜
This time, we are off to Troy.
This district is proposing cuts, teachers may be up for a reopener (I’m not sure). Either way can the district afford an increase?
Well now. You know what happens when someone asks Lady Budgetdown a question involving money.
The ledger opens. 👀
Troy finished 2024–25 with an audited General Fund balance of $33.71 million, or 17.41% of expenditures.
That is important because Troy’s own policy calls for a minimum General Fund balance of 15%.
Looking forward, however, the picture changes.
The district projects its fund balance falling to 13.59% in 2025–26 and 13.42% in 2026–27, both below its stated 15% minimum.
And while the ledger was already open, your Lady took one small peek at the ten-year staffing numbers.
Teachers: down 0.4%
Instructional aides/paras: down 32.6%
Central administrators: up 30%
School administrators: down 9.7%
Enrollment decreased from approximately 12,563 students in 2014–15 to 12,249 in 2024–25, a 2.5%, decline over the decade.
Now, dearest reader, there are receipts on both sides of this particular ledger.
Troy ended the last audited year above its own fund-balance minimum. It is also projecting deficits that would take it below that minimum over the next two years.
And budgets, as we have learned repeatedly on our little travels together, are projections. Audits tell us where the carriage actually landed.
So Lady Budgetdown shall not decide what Troy can afford.
I have merely placed the numbers upon the table, straightened the papers, and returned the quill to its inkpot.
Can Troy afford an increase?
You decide. 👑🪶
With receipts and respect,
Lady Budgetdown