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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 Coun...

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