Welcome to the Department of Finance and Administrative Services!

Lake County is Fiscally Sound

Like cities and counties across the country, Lake County is experiencing a slowdown of the economy which is impacting our revenues.  But, because of the County Board’s conservative fiscal policies and practices, Lake County remains financially sound.

Lake County has triple A crediting ratings, the highest awarded to governments, from Standard & Poor’s and Moody’s Investors Services.  A diverse and growing economy, strong financial management, and a manageable debt burden are the hallmarks of triple A rated counties. 

So, what does this all mean to you, the taxpayer? We know nobody likes to pay taxes, but in Lake County, you can be sure that every tax dollar is funding services that are impacting you everyday and enhancing our quality of life.

General Financial Information

Lake County’s operating budget is about $504 million.  Lake County has a balanced budget, which means our revenues cover our expenses.

The County Board spends about $436 million annually and allocates funding to more than 30 departments and divisions including eight departments run by independently elected officials.  County departments provide services such as water and sewage treatment, law enforcement, health care, criminal justice and road construction and repair to name a few.

Where the money comes from…
Only one-third of the County’s budget comes from property taxes. Other major revenue sources include:

• Charges for Services, like water bills
• Sales, income and business taxes
• Federal and state grant dollars
• Payments from other governments

For more information about the budget and revenue sources please see the budget documents.

Who supports the finances of the County?

The Department of Finance and Administrative Services supports the county by providing financial support to departments, elected officials and the public. This includes assisting Lake County staff in purchasing products and services and providing fiscal and budgetary services. In addition to financial support, the department provides enhances and preserves the physical assets of the County, ensuring quality construction on major projects and supporting County departments, comprehensive document production, mail, and delivery services.

Divisions of the Department of Financial and Administrative Services include:

• Controller
• Budget
• Support Services
• Facility Operations
• Construction Management
• Purchasing

• Financial System