RESOLUTION NO. 227
AUTHORIZING THE DISTRIBUTION OF MORTGAGE TAXES FOR THE PERIOD OCTOBER 1, 2019 THROUGH MARCH 31, 2020
Introduced: 7/13/20
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, 2019 through March 31, 2020 shows the Albany County Division of Finance has on hand for distribution the sum of $3,693,946.39 which has been apportioned in the following manner:
Cities and Towns
City of Albany
$786,405.35
City of Cohoes
138,831.60
City of Watervliet
56,666.52
Town of Berne
22,984.10
Town of Bethlehem
552,249.89
Town of Coeymans
81,122.30
Town of Colonie
1,253,617.32
Town of Green Island
13,588.01
Town of Guilderland
433,033.99
Town of Knox
25,189.35
Town of New Scotland
139,416.63
Town of Rensselaerville
23,397.59
Town of Westerlo
32,742.54
TOTAL
$3,559,245.19
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
$13,715.83
Village of Colonie
55,665.34
Village of Menands
33,989.44
Village of Green Island
4,529.34
Village of Altamont
8,154.73
Village of Voorheesville
18,646.52
TOTAL
$134,701.20
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 Legislatu...
Click here for full text