Mortgage tax refunds of nearly $470K expected to be doled out to municipalities
Town, village and city municipalities will be a little fatter financially once again from county payouts of excess revenues.
With mortgage tax monies totaling $469,976.12, the Genesee County clerk and treasurer have reported to the Legislature that these funds may be distributed to everyone from Alabama to Stafford, and all entities in between, according to the provisions of Section 261 of the tax laws.
If this measure is approved by the Legislature, as expected after being approved by two sub-committees already, this will mean the following payments for each of the following in Genesee County:
- City of Batavia $ 110,175.18
- Town of Alabama $ 8,412.02
- Town of Alexander $ 27,606.46
- Town of Batavia $ 102,188.96
- Town of Bergen $ 12,215.15
- Town of Bethany $ 17,252.44
- Town of Byron $ 12,933.80
- Town of Darien $ 29,548.18
- Town of Elba $ 11,242.94
- Town of LeRoy $ 35,768.49
- Town of Oakfield $ 12,056.45
- Town of Pavilion $ 24,859.10
- Town of Pembroke $ 25,400.70
- Town of Stafford $ 20,007.16
- Village of Alexander $ 2,550.49
- Village of Attica $ 883.54
- Village of Bergen $ 1,655.00
- Village of Corfu $ 1,515.26
- Village of Elba $ 1,401.70
- Village of LeRoy $ 10,398.34
- Village of Oakfield $ 1,904.76
Per a resolution to come before the Legislature May 24, its approval would direct that the Genesee County Treasurer “hereby is authorized and directed to pay the Town Supervisors, Village Treasurers, and the Treasurer of the City of Batavia the amounts aforesaid from the Mortgage Tax refund.”
