405.2006
RESOLUTION REQUESTING AND AUTHORIZING WARREN COUNTY
TO RETAIN SALES TAX REVENUES AND OFFSET PROPERTY TAXES
RESOLUTION NO.: 405, 2006
INTRODUCED BY: Mr. Stec
WHO MOVED ITS ADOPTION
SECONDED BY : Mr. Brewer
WHEREAS, Warren County receives sales tax revenues resulting from sales transactions
taking place within the County and a substantial portion of such transactions occur within the
Town of Queensbury, and
WHEREAS, portions of the Warren County sales tax revenues are annually allocated and
paid to the municipalities of Warren County, and
WHEREAS, the Queensbury Town Board has lowered Town residents’ County tax in the
years 2004, 2005 and 2006 by authorizing Warren County to withhold sales tax revenue, and
WHEREAS, the Town Board would like to again authorize sales tax to be withheld by
Warren County which would be applied to reduce 2007 Warren County property taxes, and
WHEREAS, the Town Board has determined that the current total fund balance again
exceeds the reasonable amount needed for revenue stabilization, cash flow, contingencies, and
contemplated capital projects, and the Town Board wishes to again undertake a reduction of
county taxes on Queensbury property,
NOW, THEREFORE, BE IT
RESOLVED, that the Queensbury Town Board authorizes Warren County to retain
$2,000,000 of Warren County sales tax revenues allocated to the Town of Queensbury in 2007
and apply such revenues to reduce the annual County property taxes on real property in the Town
of Queensbury, and
BE IT FURTHER,
RESOLVED, that the Town Board requests that Warren County evenly redistribute the
annual amount(s) to be retained, thereby retaining the Town’s sales tax rebate on a quarterly
basis, and
BE IT FURTHER,
RESOLVED, that the Town Board further authorizes and directs the Town Clerk to file a
certified copy of this Resolution with Warren County’s Chief Fiscal Officer by mailing such
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Resolution by registered or certified mail before September 1, 2006 in order to take effect for
the calendar year 2007, and
BE IT FURTHER,
RESOLVED, that the Town Board further authorizes and directs the Town Clerk, Town
Supervisor and/or Town Budget Officer to provide any other required documentation to Warren
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County prior to September 1, 2006 and take any and all other action necessary to effectuate all
terms of this Resolution.
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Duly adopted this 21 day of August, 2006, by the following vote:
AYES : Mr. Brewer, Mr. Stec, Mr. Boor, Mr. Sanford, Mr. Strough
NOES : None
ABSENT: None
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