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Where does Lake County get it's revenue?

posted Dec 20, 2011, 12:44 PM by Brian Donahoe   [ updated Jan 17, 2012, 5:58 AM ]

letterAbout 1/3rd of our revenues (or about 31%) come from property taxes. The rest of our revenues come from sales taxes and user fees (like water bills), income and business taxes and from various grants and payments from other governmental entities.

 Only about 7% of a homeowners TOTAL real estate bill goes to Lake County government. 

 

The County Treasurer collects and disperses all funds collected from real estate taxes to all the other taxing bodies while the County only keeps about 7%.  So, for a house that is valued at $250,000 only about $400 goes to Lake County government.


                                       How is the money spent?

The County's budget allocates funds for a multitude of different services, including:
   3%  Elections and Records 
30% Public Works and Transportation  
28% Judicial and  Criminal justice - (court functions, the jail, sheriff's office); 
25%  Health Department and other community services
2 %   Planning, Building and Zoning 
12%   supports the operations of county government, finance, human resources,
information technology, building operations and maintenance, and other administrative services.


from Diana O'Kelly's December 9th, 2011 newsletetr
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