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Depew trustees adopt local law allowing tax‑cap override for 2026–27 budget

Village of Depew Board of Trustees · March 24, 2026
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Summary

The Village of Depew adopted Local Law No. 2 of 2026 to authorize a property tax levy above the state cap for the fiscal year starting June 1, 2026; the vote was unanimous and the law takes effect upon filing with the Secretary of State.

The Village of Depew Board of Trustees on March 23 adopted Local Law No. 2 of 2026, authorizing the village to adopt a budget for the fiscal year beginning June 1, 2026 that may require a real property tax levy in excess of the limit established by General Municipal Law §3‑c.

A board member read the proposed local law aloud, including legislative intent, authority (citing subdivision 5 of GML §3‑c) and a severability clause. The law states that, if adopted, the board is authorized to exceed the statutory tax‑levy limit by a vote meeting the threshold described in state law. A motion to adopt the local law was made and seconded; the board carried the adoption on a roll‑call vote with all voting yes.

Mayor Peterson noted the board’s makeup and stressed the decision was a local fiscal choice, saying the board is ‘‘split pretty darn evenly’’ and that the override is a prudential measure to ensure the village can prepare a balanced budget amid contract and other uncertainties. The law takes effect immediately upon filing with the New York Secretary of State.

The adoption provides the board flexibility to finalize the 2026–27 budget if union contracts, vendor agreements or other costs require revenues above the statutory cap; the board did not set a specific levy amount at the meeting.