File #: 22-541    Version: 1 Name:
Type: Resolution Status: Passed
File created: 12/1/2022 In control: Audit and Finance Committee
On agenda: Final action: 12/5/2022
Title: AUTHORIZING THE DISTRIBUTION OF MORTGAGE TAXES FOR THE PERIOD APRIL 1, 2022 THROUGH SEPTEMBER 30, 2022
Sponsors: Audit and Finance Committee
Attachments: 1. Mortgage Tax report, 2. 22-541 - mortgage taxes December 2022, 3. 22-541 RULE 11 - Mortgage Recording Tax December 2022
RESOLUTION NO. 541

AUTHORIZING THE DISTRIBUTION OF MORTGAGE TAXES FOR THE PERIOD APRIL 1, 2022 THROUGH SEPTEMBER 30, 2022

Introduced: 12/5/22
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 April 1, 2022 through September 30, 2022 shows the Albany County Division of Finance has on hand for distribution the sum of $5,495,301.00 which has been apportioned in the following manner:

Cities and Towns


City of Albany
$1,295,415.80
City of Cohoes
381,394.76
City of Watervliet
119,808.35
Town of Berne
21,561.19
Town of Bethlehem
736,282.55
Town of Coeymans
56,656.78
Town of Colonie
1,783,975.98
Town of Green Island
14,473.24
Town of Guilderland
665,235.71
Town of Knox
40,097.42
Town of New Scotland
142,657.40
Town of Rensselaerville
18,104.13
Town of Westerlo
48,873.88
TOTAL
$5,324,537.19
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
$ 9,566.77
Village of Colonie
78,303.94
Village of Menands
47,404.74
Village of Green Island
4,824.41
Village of Altamont
12,451.15
Village of Voorheesville
18,212.80
TOTAL
$ 170,763.81

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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