WHEREAS, pursuant to Section 262 of the Tax Law, recording officers and treasurers are entitled to receive all their necessary expenses for purposes of administering mortgage taxes in their offices on approval and allowance by the New York State Tax Commission, and
WHEREAS, the State Tax Commission, by resolution duly adopted July 1, 1946, did determine that such mortgage tax expenses be approved at the amount certified to the State Tax Commission by County Board of Representatives [Tompkins County Legislature] provided it is a reasonable and necessary allowance for such expenses, and
WHEREAS, the County Clerk has conducted a cost analysis and has recommended that the allowance for mortgage tax expenses be increased from $265,300 per annum to $277,478 per annum, and
WHEREAS, in addition, the Finance Director has conducted a cost analysis and has recommended that the allowance for the treasurer’s expense for administering the mortgage tax be set at $15,000 per annum (unchanged), now therefore be it
RESOLVED, on recommendation of the Government Operations Committee, That the sum of $277,478 per annum be, and the same hereby is, determined as a reasonable and necessary allowance of the Tompkins County Clerk, the recording officer of the County of Tompkins, for the hire of clerks and assistants and other expenses to assist in the administration of the mortgage recording tax law in her office, and that the sum of $15,000 per annum be, and the same hereby is, determined as a reasonable and necessary allowance of the Tompkins County Finance Director, to assist in the administration of the mortgage tax funds, and that said sum of $292,478 is hereby certified to the State Tax Commission as the reasonable and necessary allowance for such expenses,
RESOLVED, further, That the Clerk of the Legislature is hereby directed to send a certified copy of this resolution, with her original signature thereon, to the State Tax Commission,
RESOLVED, further, That this resolution shall take effect immediately.
SEQR ACTION: TYPE II-20