File #: 23-617    Version: 1 Name:
Type: Resolution Status: Passed
File created: 11/3/2023 In control: Audit and Finance Committee
On agenda: Final action: 12/4/2023
Title: AUTHORIZING THE DISTRIBUTION OF MORTGAGE TAXES FOR THE PERIOD APRIL 1, 2023 THROUGH SEPTEMBER 30, 2023
Sponsors: Audit and Finance Committee
Attachments: 1. Mortgage Taxes April 1, 2023 Thru Septemebr 30, 2023 Back-up, 2. Mortgage Taxes December 2023, 3. 23-617 AF 1 - TMP 4815 - Mortgage Taxes December 2023 - Nov.pdf
RESOLUTION NO. 617

AUTHORIZING THE DISTRIBUTION OF MORTGAGE TAXES FOR THE PERIOD APRIL 1, 2023 THROUGH SEPTEMBER 30, 2023

Introduced: 12/4/23
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, 2023 through September 30, 2023 shows the Albany County Division of Finance has on hand for distribution the sum of $3,980,364.50 which has been apportioned in the following manner:

Cities and Towns


City of Albany
$928,429.98
City of Cohoes
146,505.65
City of Watervliet
86,074.33
Town of Berne
38,533.29
Town of Bethlehem
422,606.48
Town of Coeymans
51,947.93
Town of Colonie
1,184,914.75
Town of Green Island
12,798.20
Town of Guilderland
738,773.82
Town of Knox
28,015.58
Town of New Scotland
156,066.34
Town of Rensselaerville
16,906.06
Town of Westerlo
42,682.43
TOTAL
$3,854,254.84
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
$ 8,393.06
Village of Colonie
55,182.87
Village of Menands
24,482.96
Village of Green Island
4,266.07
Village of Altamont
13,994.00
Village of Voorheesville
19,790.70
TOTAL
$ 126,109.66

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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