Lake County, IL
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File #: 19-1797    Version: 1 Name: Tax Levy Ordinance
Type: ordinance Status: Passed
File created: 10/24/2019 In control: Financial & Administrative Committee
On agenda: Final action: 11/12/2019
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 (FY) 2020 Appropriation Ordinance as adopted by the County Board of Lake County, Illinois.
Attachments: 1. Property Tax 5 year History EAV chart 103119.pdf

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 (FY) 2020 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 2019, collected during calendar year 2020.

                     The total amount is the same amount extended for Tax Year 2018.

                     The tax levy will be filed with the County Clerk once adopted.

 

Body

AN ORDINANCE PROVIDING FOR THE LEVY OF TAXES FOR LAKE COUNTY, ILLINOIS ENSUING FISCAL YEAR DECEMBER 1, 2019 THROUGH NOVEMBER 30, 2020

 

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, 2019 through November 30, 2020, having been approved in accordance with law and by reference is made a part hereof.

 

SECTION 2.  That the $162,598,097 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, $87,265,597, for General County Purposes, and $75,332,500, 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 $162,598,097 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 $189,371,700.

 

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 $87,265,597, 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 2019, 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 $11,500,000, for the FEDERAL INSURANCE CONTRIBUTIONS ACT FUND, and

 

We further recommend that there be levied the sum of $14,000,000, for the ILLINOIS MUNICIPAL RETIREMENT FUND, and

 

We further recommend that there be levied the sum of $700,000, for the LIABILITY INSURANCE FUND, and

 

We further recommend that there be levied the sum of $600,000, for the VETERAN'S ASSISTANCE COMMISSION FUND, and

 

We further recommend that there be levied the sum of $1,000,000, for the YOUTH HOME FUND (HULSE DETENTION CENTER), and

 

We further recommend that there be levied the sum of $3,200,000, for the STORMWATER MANAGEMENT FUND, and

 

We further recommend that there be levied the sum of $3,952,500, for the COUNTY BRIDGE FUND, and

 

We further recommend that there be levied the sum of $8,280,000, for the MATCHING TAX FUND, and

 

We further recommend that there be levied the sum of $19,500,000 for the LAKE COUNTY HIGHWAY TAX FUND (DIVISION OF TRANSPORTATION), and

 

We further recommend that there be levied the sum of $12,000,000 for the LAKE COUNTY HEALTH DEPARTMENT, and

 

We further recommend that there be levied the sum of $100,000, for the LAKE COUNTY NURSING HOME (WINCHESTER HOUSE), and

 

We further recommend that there be levied the sum of $500,000, 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 12, 2019.