File #: 23-617    Version: 1 Name:
Type: Resolution Status: Passed
File created: 11/3/2023 In control: Audit and Finance Committee
On agenda: Final action: 12/4/2023
Title: AUTHORIZING THE DISTRIBUTION OF MORTGAGE TAXES FOR THE PERIOD APRIL 1, 2023 THROUGH SEPTEMBER 30, 2023
Sponsors: Audit and Finance Committee
Attachments: 1. Mortgage Taxes April 1, 2023 Thru Septemebr 30, 2023 Back-up, 2. Mortgage Taxes December 2023, 3. 23-617 AF 1 - TMP 4815 - Mortgage Taxes December 2023 - Nov.pdf

RESOLUTION NO. 617

 

AUTHORIZING THE DISTRIBUTION OF MORTGAGE TAXES FOR THE PERIOD APRIL 1, 2023 THROUGH SEPTEMBER 30, 2023

 

                     Introduced: 12/4/23

                     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 April 1, 2023 through September 30, 2023 shows the Albany County Division of Finance has on hand for distribution the sum of $3,980,364.50 which has been apportioned in the following manner:

 

Cities and Towns

 

City of Albany

$928,429.98

City of Cohoes

146,505.65

City of Watervliet

86,074.33

Town of Berne

38,533.29

Town of Bethlehem

422,606.48

Town of Coeymans

51,947.93

Town of Colonie

1,184,914.75

Town of Green Island

12,798.20

Town of Guilderland

738,773.82

Town of Knox

28,015.58

Town of New Scotland

156,066.34

Town of Rensselaerville

16,906.06

Town of Westerlo

42,682.43

TOTAL

$3,854,254.84

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

$     8,393.06

Village of Colonie

55,182.87

Village of Menands

24,482.96

Village of Green Island

4,266.07

Village of Altamont

13,994.00

Village of Voorheesville

19,790.70

TOTAL                    

$     126,109.66

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.