File #: 21-194    Version: 1 Name:
Type: RLA Status: Passed
File created: 5/14/2021 In control: Audit and Finance Committee
On agenda: Final action: 6/14/2021
Title: AUTHORIZING THE DISTRIBUTION OF MORTGAGE TAXES FOR THE PERIOD OCTOBER 1, 2020 THROUGH MARCH 31, 2021
Sponsors: Audit and Finance Committee
Attachments: 1. TMP 2498 - Completed Mortgage Tax Information June 2021, 2. 21-194 AF 8 - TMP 2498 - Semiannual Mortgage Taxes
RESOLUTION NO. 194

AUTHORIZING THE DISTRIBUTION OF MORTGAGE TAXES FOR THE PERIOD OCTOBER 1, 2020 THROUGH MARCH 31, 2021

Introduced: 6/14/21
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, 2020 through March 31, 2021 shows the Albany County Division of Finance has on hand for distribution the sum of $5,683,208.71 which has been apportioned in the following manner:

Cities and Towns


City of Albany
$1,216,592.43
City of Cohoes
174,950.89
City of Watervliet
101,060.06
Town of Berne
44,730.98
Town of Bethlehem
830,368.93
Town of Coeymans
76,748.99
Town of Colonie
1,932,994.19
Town of Green Island
19,541.86
Town of Guilderland
713,717.31
Town of Knox
64,171.76
Town of New Scotland
216,007.08
Town of Rensselaerville
37,231.44
Town of Westerlo
56,082.96
TOTAL
$5,484,198.88
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
$13,384.02
Village of Colonie
85,503.23
Village of Menands
51,864.89
Village of Green Island
6,513.96
Village of Altamont
13,224.70
Village of Voorheesville
28,519.03
TOTAL
$199,009.83

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 Legisl...

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