Wednesday August 20,2008TroyRecord Article100yearsagoThursday August 20,, 1908 “The City of Troy has submitted its final budget estimate for 1908, an increase of nearly 5000$ over the preliminary budget approved earlier in the year.The budget anticipates that Troy will have to pay $998,686.84 by years end.The city must approve the preliminary budget in order to borrow money to meet expenses during the year .Approval of the final estimate is necessary before the city can collect taxes in the fall. The estimate is 70,000 over last year, 1907. The extra 5,000 is due to Septembers Troy Week Celebration and is mostly for police and fire. The public safety department has acquired a patrol wagon, hired 4 new sergeants and outfitted a mounted patrol this year. The fire dept has purchased new chemical wagons and new equipment for one of its fire trucks this year.An economic slump, beginning late last year is also a factor,because of the higher interest rates with the city borrowing at 5 percent instead of 4 percent. At the Rensselaer County Agricultural and Horticultural Society's annual fair, held at Rensselaer Park in Lansingburgh has had nearly 40,000 people pass thru the gates. A race between horses Sweet Marie and George G, driven by Alta McDonald wins George G THE 3,000 Chamber of Commerce Stakes in two straight heats. Photo of the day Troy Record Wednesday August 20, 2008 1941 photo of Sgt Edward F Carpenter,1st Army at Pearl Harbor on Dec 7,1941 **************Make your life easier with all your friends, email, and favorite sites in one place. Try it now. (http://www.aol.com/?optin=new-dp&icid=aolcom40vanity&ncid=emlcntaolcom00000010)