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.
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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 Cou...
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