RESOLUTION NO. 226
AUTHORIZING THE DISTRIBUTION OF MORTGAGE TAXES FOR THE PERIOD OCTOBER 1, 2025 THROUGH MARCH 31, 2026
Introduced: 6/8/26
By Audit and Finance Committee:
WHEREAS, The joint report of the Albany County Division of Finance and the County Clerk showing the collection of mortgage taxes for the period of October 1, 2025 through March 31, 2026 shows the Albany County Division of Finance has on hand for distribution the sum of $5,329,049.84 which has been apportioned in the following manner:
Cities and Towns
City of Albany
$1,233,846.76
City of Cohoes
$173,532.75
City of Watervliet
$94,277.36
Town of Berne
$25,520.51
Town of Bethlehem
$796,350.20
Town of Coeymans
$56,893.47
Town of Colonie
$1,889,270.45
Town of Green Island
$12,180.31
Town of Guilderland
$598,172.28
Town of Knox
$52,956.85
Town of New Scotland
$144,243.65
Town of Rensselaerville
$21,411.38
Town of Westerlo
TOTAL
$55,978.72
$5,154,634.69
, 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
$9,125.56
Village of Colonie
$81,082.47
Village of Menands
$50,654.11
Village of Green Island
$4,060.10
Village of Altamont
$11,450.09
Village of Voorheesville
$18,042.83
TOTAL
$174,415.16
now, therefore, be it
RESOLVED, By the Albany County Legislature, 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 to said towns, and to the Village Treasurers of said villages, the amounts apportioned thereto, and, be it further
RESOLVED, That the Clerk of the ...
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