Small population dip may cost NY city big bucks

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TROY, N.Y. (AP) — A small dip in population could end up dealing a big blow to the city of Troy.

The city could lose $2.5 million in federal funding because its population has dropped by about 125 to 49,946 — 54 people shy of 50,000. Fifty-thousand is a key population threshold used by the federal government when setting funding amounts for the Community Development Block Grant program.

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