FY2022 Budget Information
The Lake County Board approved a balanced Fiscal Year (FY) 2022 Budget at its Nov. 9 meeting. The $602.8 million budget reflects the recovery of revenues back to pre-pandemic levels, and the budget reflects the County’s long-standing approach to adopting a fiscally responsible budget.
The Board chose to increase the levy to account for new property growth - that is growth for properties that have been developed in the last year - in Lake County in this year’s budget, but did not increase the levy up to the amount of the allowable federal Consumer Price Index. Individual tax bills may vary depending on how a property’s assessed value has changed and depending on the actions of other local government taxing bodies, but the Lake County portion of the tax bill for the average homeowner is expected to be flat or go down slightly. Read the full news release.
View the October 2021 budget hearings:
October 26: Law and Judicial Committee Budget Hearing
October 26: Health and Community Services Committee Budget Hearing
October 27: Financial and Administrative Services Committee Budget Hearing
October 27: Public Works Planning and Transportation Committee Budget Hearing
October 28: Financial and Administrative Services Committee Budget Hearing
The FY2022 Adopted Budget covers the period of December 1, 2021 - November 30, 2022.
Prior year budgets are also available below.
View previous budgets