Putnam County approves semiannual mortgage-tax distribution to towns and villages

The Putnam County Legislature on Tuesday approved the semiannual mortgage-tax report covering Oct. 1, 2024, through March 31, 2025, and authorized disbursements to towns and villages as listed in the report presented to the body.

The clerk read the allocations for each municipality. The amounts announced in the session were: Town of Carmel $486,067.97; Town of Kent $217,380.76; Town of Patterson $154,263.39; Village of Cold Spring $12,744.08; Village of Nelsonville $3,604.86; Town of Philipstown $151,836.90; Town of Putnam Valley $1,722,159.40; Village of Brewster $7,241.41; Town of Southeast $238,811.41. A grand total figure was read during the meeting.

A legislator noted that while the allocation appears ministerial, some members recused themselves from votes on items affecting their municipalities. The legislature then conducted a roll-call vote and carried the measure.

Why it matters

Mortgage-tax distributions provide routine revenue to towns and villages for general municipal purposes. Approving semiannual payouts ensures towns and villages receive their share of mortgage-tax revenue according to state and county reporting periods.

Speakers

[{"name":"Legislator (presenter)","role_title":"Legislator (presenter of finance items)","affiliation_type":"government","affiliation_name":"Putnam County Legislature","first_reference":{"timecode":"01:01:32","transcript_line_range":[3692,3696]}},{"name":"Legislator (recused)","role_title":"Legislator (recused from this vote)","affiliation_type":"government","affiliation_name":"Putnam County Legislature","first_reference":{"timecode":"01:02:44","transcript_line_range":[3778,3782]}}]

authorities

[]

actions

[{"kind":"other","identifiers":{"agenda_item_id":"6U"},"motion":"Approve semiannual mortgage tax report and distributions for 10/01/2024–03/31/2025","mover":"Legislator (presenter)","second":null,"vote_record":[{"member":"Legislator Adnizio","vote":"yes"},{"member":"Legislator Birmingham","vote":"yes"},{"member":"Legislator Crowley","vote":"yes"},{"member":"Legislator Elner","vote":"yes"},{"member":"Legislator Goldman","vote":"yes"},{"member":"Legislator Yankee","vote":"yes"},{"member":"Legislator Montgomery","vote":"yes"},{"member":"Legislator Russo","vote":"yes"},{"member":"Chairwoman Sage","vote":"yes"}],"tally":{"yes":9,"no":0,"abstain":0},"legal_threshold":{"met":true,"notes":"Approvals for distribution of entrusted funds"},"outcome":"approved","notes":"Allocations read on record; one legislator recused from votes affecting their municipality"}]

discussion_decision

{"discussion_points":["Clerk read allocations for towns and villages","A legislator noted the ministerial nature but recused from this vote for municipal reasons"],"directions":[],"decisions":["Semiannual mortgage-tax report approved and distributions authorized"]}

clarifying_details

[{"category":"report_period","detail":"Semiannual mortgage-tax report period","value":"2024-10-01 to 2025-03-31","units":"date_range","approximate":false,"source_speaker":"Legislator (presenter)"},{"category":"allocation","detail":"Town of Putnam Valley allocation as read on record","value":1722159.40,"units":"USD","approximate":false,"source_speaker":"Legislator (presenter)"}]

proper_names

[{"name":"Town of Carmel","type":"location"},{"name":"Town of Kent","type":"location"},{"name":"Town of Patterson","type":"location"},{"name":"Village of Cold Spring","type":"location"},{"name":"Village of Nelsonville","type":"location"},{"name":"Town of Philipstown","type":"location"},{"name":"Town of Putnam Valley","type":"location"},{"name":"Village of Brewster","type":"location"},{"name":"Town of Southeast","type":"location"}]

community_relevance

{"geographies":["Putnam County","Carmel","Kent","Patterson","Philipstown","Putnam Valley","Brewster","Southeast","Cold Spring","Nelsonville"],"funding_sources":["mortgage tax receipts"],"impact_groups":["town and village governments","local taxpayers"]}

meeting_context

{"engagement_level":{"speakers_count":2,"duration_minutes":10,"items_count":1},"implementation_risk":"none","history":[{"date":"2025-05-06","note":"Semiannual mortgage-tax distribution approved as read on record"}]}

searchable_tags

["mortgage tax","distribution","Putnam County","town budgets"]

provenance

{"transcript_segments":[{"block_id":"block_3692.645","local_start":0,"local_end":300,"evidence_excerpt":"This is the approval of the semiannual annual mortgage tax report for 10/01/2024 through 03/31/2025... Town of Carmel's in amount of $486,067.97. The town of Kent is in the amount of $217,380.76... Town of Putnam Valley is a $1,722,159 dollars and 40¢...","reason_code":"topicintro"},{"block_id":"block_3823.875","local_start":0,"local_end":120,"evidence_excerpt":"Yes. Motion carries. Thank you. Welcome back to Legislative Birmingham. And we'll move on to agenda item 6 of v.","reason_code":"topicfinish"}] },