RESOLUTION NO. 536
AUTHORIZING THE DISTRIBUTION OF MORTGAGE TAXES FOR THE PERIOD APRIL 1, 2025 THROUGH SEPTEMBER 30, 2025
Introduced: 12/8/25
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, 2025 through September 30, 2025 shows the Albany County Division of Finance has on hand for distribution the sum of $5,069,424.22 which has been apportioned in the following manner:
Cities and Towns
City of Albany
$1,801,687.07
City of Cohoes
198,098.24
City of Watervliet
91,034.61
Town of Berne
39,447.76
Town of Bethlehem
598,436.05
Town of Coeymans
57,453.55
Town of Colonie
1,265,855.20
Town of Green Island
8,591.80
Town of Guilderland
684,116.92
Town of Knox
27,360.94
Town of New Scotland
124,048.73
Town of Rensselaerville
11,300.88
Town of Westerlo
33,034.63
TOTAL
$4,940,466.38
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
$ 9,215.39
Village of Colonie
54,327.14
Village of Menands
33,939.43
Village of Green Island
2,863.93
Village of Altamont
13,095.22
Village of Voorheesville
15,516.73
TOTAL
$128,957.84
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 Co...
Click here for full text