RESOLUTION NO. 386
REQUIRING REPORTING OF MONIES AND PROCEEDS OF ASSET FORFEITURE FUNDS MAINTAINED BY THE COUNTY
Introduced: 9/11/23
By Peter, Miller, A. Joyce, Feeney, Beston, Chapman, Clay, Cleary, Commisso, Ethier, Fein, R. Joyce, Lekakis, Mayo, McLaughlin, McLean Lane, Plotsky, Reidy, Reinhardt, Ricard, Rosano, Simpson, Ward and Willingham:
WHEREAS, The Albany County Charter vests oversight of the County’s financial affairs with the County Legislature and charges the Legislature with the examination of such books, records, and papers pertaining to the money, funds, or other property belonging to the County, and
WHEREAS, In order to maintain sound fiscal practices, it is necessary that all money, funds, or other property belonging to the County be reported to the Legislature, including accounts not listed in the County’s unified chart of accounts, and
WHEREAS, The New York State General Municipal Law sets forth requirements for the management of asset forfeiture funds, including production of reports to the State Comptroller and County Legislature, now, therefore, be it
RESOLVED, By the Albany County Legislature that, in accordance with New York State General Municipal Law § 6-v, the Albany County Comptroller shall render a detailed report regarding the operation and condition of the asset forfeiture escrow fund - including statements of all funds spent, what such funds were spent on, what organizations and/or entities received such funds, and where any resulting programs or fruits are located - to the County Legislature at the termination of each fiscal year, but in no event later than March 1st of each year, 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.
Referred to Audit and Finance Committee - 9/11/23
Referred to Law Committee - 10/10/23
Favorable Recommendation Audit and Finance Committee - 9/28/23
Favorable Recommendation Law Committee - 11/15/23