Title
Ordinance recommending a Real Property Tax Levy, attached hereto and made part of this Ordinance, providing for the apportionment of taxes across the various items of the Fiscal Year 2011 Appropriation Ordinance as adopted by the County Board of Lake County, Illinois.
Staff Summary
• Once the budget and appropriation ordinance is adopted, the levy ordinance is then adopted for filing with the County Clerk. This ordinance separately identifies the determined amount of tax dollars needed for each of the countywide property tax funds.
• Note that there are separate levy ordinances for Special Service Area #8 - Loon Lake, Special Service Area #9 - Northeast Facilities Planning Area, Special Service Area #12 - The Woods of Ivanhoe, for Special Service Area #13 - Spencer Highlands, and Special Service Area #14 - Oak Pond Lane.
Body
AN ORDINANCE PROVIDING FOR THE LEVY OF TAXES FOR LAKE COUNTY, ILLINOIS ENSUING FISCAL YEAR DECEMBER 1, 2010 THROUGH NOVEMBER 30, 2011
BE IT ORDAINED, by this County Board of Lake County, Illinois as follows:
SECTION 1. That the Annual Appropriation Ordinance of Lake County, Illinois for the ensuing fiscal year December 1, 2010 through November 30, 2011, having been approved in accordance with law and by reference is made a part hereof.
SECTION 2. That the $145,019,592 is the difference between the total amount of money heretofore legally appropriated for All County Purposes and the amount of money estimated as received from other sources or on hand, therefore, $54,846,833, for General County Purposes, and $90,172,759, for Other Purposes, as required by law as itemized herein for said year, be and the same is hereby levied on all property subject to taxation within the County of Lake, State of Illinois, as the same is assessed and equalized for tax purposes.
SECTION 3. That the purposes for which said amount of $145,019,592 is hereby levied respectively, as follows, to wit:
We have estimated the receipts of the County from fees and other sources amount to the sum of $170,070,645.
We have also elected to reduce our cash position by $4,562,902.
We have apportioned the estimated income and use of cash position to various items of the budget, and we would, therefore, recommend that the sum of $54,846,833, being the difference between the amount appropriated for GENERAL COUNTY PURPOSES and the amount estimated as received from other sources and reduction of cash position be levied to all taxable property in said County as assessed for the year 2010, and that the County Clerk be directed to extend a tax on the proper valuation that will obtain the amount shown above, all as provided by law, for GENERAL COUNTY PURPOSES, and
We further recommend that there be levied the sum of $11,990,545, for the FEDERAL INSURANCE CONTRIBUTIONS ACT FUND, and
We further recommend that there be levied the sum of $19,325,936, for the ILLINOIS MUNICIPAL RETIREMENT FUND, and
We further recommend that there be levied the sum of $5,924,740, for the LIABILITY INSURANCE FUND, and
We further recommend that there be levied the sum of $197,491 for the VETERAN'S ASSISTANCE COMMISSION FUND, and
We further recommend that there be levied the sum of $2,257,044, for the YOUTH HOME FUND (HULSE DETENTION CENTER), and
We further recommend that there be levied the sum of $1,692,783, for the STORMWATER MANAGEMENT FUND, and
We further recommend that there be levied the sum of $3,655,864, for the COUNTY BRIDGE FUND, and
We further recommend that there be levied the sum of $8,225,693, for the MATCHING TAX FUND, and
We further recommend that there be levied the sum of $14,106,523, for the LAKE COUNTY HIGHWAY TAX FUND (DIVISION OF TRANSPORTATION), and
We further recommend that there be levied the sum of $21,018,719 for the LAKE COUNTY HEALTH DEPARTMENT, and
We further recommend that there be levied the sum of $1,551,718, for the LAKE COUNTY NURSING HOME (WINCHESTER HOUSE), and
We further recommend that there be levied the sum of $225,704, for the TUBERCULOSIS SANATORIUM FUND, and
All in addition to taxes levied for GENERAL COUNTY PURPOSES as authorized by law, but not to exceed, however, the rate provided by law for the FEDERAL INSURANCE CONTRIBUTIONS ACT FUND, ILLINOIS MUNICIPAL RETIREMENT FUND, LIABILITY INSURANCE FUND, VETERAN'S ASSISTANCE COMMISSION FUND, YOUTH HOME FUND, STORMWATER MANAGEMENT FUND, COUNTY BRIDGE FUND, MATCHING TAX FUND, LAKE COUNTY HIGHWAY TAX FUND, LAKE COUNTY HEALTH DEPARTMENT FUND, LAKE COUNTY NURSING HOME FUND, and TUBERCULOSIS SANATORIUM FUND.
Dated at WAUKEGAN, LAKE COUNTY, ILLINOIS, on November 16, 2010.