2020 Budget Information
At its Nov. 12 meeting, the Lake County Board unanimously approved a $573.2 million balanced budget for Fiscal Year (FY) 2020. Under the budget, Lake County’s tax levy will be flat, which means that there will be no increase in the dollar amount between the FY2020 property tax levy and the FY2019 property tax levy. As a result, homeowners will see a slight reduction next year in the Lake County government portion of their property tax bill. This is the first time in at least 20 years that the County has had a flat tax levy.
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Watch a video of the budget presentation
