Budget Questions Surface in Gloversville as Officials Asked to Clarify Long-Term Financial Outlook

Public discussion grows following the City’s 2026 budget, with questions raised about fund balance usage and future financial stability.

According to publicly available budget information, the City of Gloversville’s 2026 adopted budget relies on approximately $3.4 million in fund balance to support operations.

Available figures indicate that after this use, an estimated $2.3 million in fund balance may remain.

Some projections currently being discussed suggest that if expenses increase while revenues remain flat, the City could face a larger financial gap in the coming years.

At this time, these projections have not been independently confirmed, and official long-term forecasts have not been publicly clarified.

TVOTT Hillbilly News has reached out directly to Mayor Gary J. Antonucci to request information on:

Long-term financial projections

Sustainability of current fund balance usage

Potential impacts on future taxes and city services

As of publication, no official response has been received.

This remains a developing situation, and updates will be provided as more information becomes available.

⚖️ NOTE This report is based on publicly available information and ongoing discussion. Additional context or clarification from city officials may further define the situation.