Albion Board Votes to Override Tax Cap, Sets Financial Policy for Coming Year

Key Actions & Decisions

• ◆ Override Tax Levy Limit: Unanimously (5-0) approved Local Law 2-2025 to override the tax levy limit established in General Municipal Law §3-c.
• ◆ Strawberry Festival Approved: Unanimously approved use of the E. Bank St. municipal parking lot for the Annual Strawberry Festival on June 13 and 14.
• ◆ Procurement Policy: Unanimously adopted Chapter 66 of the Village Code regarding procurement.
• ◆ Investment Policy: Unanimously adopted Resolution 2025-05, dictating how village funds are invested and safeguarded.
• ◆ Official Depositories: Unanimously adopted Resolution 2025-04, designating Key Bank, 5Star, JP Morgan Chase, and NYCLASS as official village depositories.
• ◆ Annual Appointments: Unanimously appointed over a dozen residents to various boards, including Planning, Zoning, Library, and Recreation committees.