Title
Ordinance recommending a Real Property Tax Levy providing for the apportionment of taxes in an amount of $186,114,787 across the various items of the Fiscal Year (FY) 2026 Appropriation Ordinance as adopted by the County Board of Lake County, Illinois.
Staff Summary
* This ordinance identifies the determined amount of tax dollars allocated to each of the countywide property tax funds for Tax Year 2025, collected during calendar year 2026.
* The tax levy will be filed with the County Clerk once adopted.
Body
ORDINANCE
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, 2025, through November 30, 2026, having been approved in accordance with law and by reference is made a part hereof.
SECTION 2. That the $186,114,787 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, $97,520,681, for General County Purposes, and $88,594,106, 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 $186,114,787 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 $216,485,991.
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 $97,520,681, 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 f...
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