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Albany set to borrow $10M following cash flow challenges

Luis Martinez
Reporter · Monday, November 9, 2026 at 10:45 PM · 1 min read
Albany set to borrow $10M following cash flow challenges — Schenectady Community news

Albany is seeing cash flow challenges with no money left in the reserves. To get through the end of the year, the city is borrowing $10 million on Wall Street to pay for operating costs, including the salary for city employees.

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