File #: 22-222    Version: 1 Name:
Type: Resolution Status: Passed
File created: 5/10/2022 In control: Audit and Finance Committee
On agenda: Final action: 6/13/2022
Title: AUTHORIZING THE DISTRIBUTION OF MORTGAGE TAXES FOR THE PERIOD OCTOBER 1, 2021 THROUGH MARCH 31, 2022
Sponsors: Audit and Finance Committee
Attachments: 1. TMP 3342 - Taxation and Finance, 2. 22-222 AF 7 - TMP 3342 - Mortgage Taxes March 2022

RESOLUTION NO. 222

 

AUTHORIZING THE DISTRIBUTION OF MORTGAGE TAXES FOR THE PERIOD OCTOBER 1, 2021 THROUGH MARCH 31, 2022

 

                     Introduced: 6/13/22

                     By Audit and Finance Committee:

 

                     WHEREAS, The joint report of the Albany County Division of Finance and the County Clerk of Albany County showing the collection of mortgage taxes for the period of October 1, 2021 through March 31, 2022 shows the Albany County Division of Finance has on hand for distribution the sum of $5,860,480.35 which has been apportioned in the following manner:

 

Cities and Towns

 

City of Albany

$1,334,680.31

City of Cohoes

227,995.51

City of Watervliet

123,713.99

Town of Berne

42,935.28

Town of Bethlehem

896,790.40

Town of Coeymans

100,961.32

Town of Colonie

1,872,243.22

Town of Green Island

42,854.06

Town of Guilderland

699,246.83

Town of Knox

39,054.19

Town of New Scotland

206,142.45

Town of Rensselaerville

33,648.99

Town of Westerlo

36,359.33

TOTAL

$5,656,625.88

and

 

                     WHEREAS, Said report for the same period shows apportionment to the Towns of Coeymans, Colonie, Green Island, Guilderland and New Scotland, which pursuant to law, is required to be apportioned as between the said towns and villages therein, and the said officers have apportioned the same in the following manner:

 

Villages

 

Village of Ravena

$   17,375.55

Village of Colonie

82,411.84

Village of Menands

50,115.97

Village of Green Island

14,284.69

Village of Altamont

12,918.34

Village of Voorheesville

26,748.08

TOTAL                    

$   203,854.47

now, therefore, be it

 

                     RESOLVED, By the County Legislature of the County of Albany, that the Clerk of the County Legislature is directed to draw a warrant requiring the Director of Finance to pay to the City Treasurer of each of the cities named the amounts apportioned thereto, and to the Supervisors of the several towns, the amount due said towns, and to the Village Treasurers of said villages, the amounts apportioned thereto, and, be it further

 

                     RESOLVED, That the Clerk of the County Legislature is directed to forward certified copies of this resolution to the appropriate County Officials.