Lake County’s Board of Commissioners formally adopted its 2014/15 budget last week during its Wednesday, June 18, regular session.
Lake County Treasurer Ann Crumrine noted that the County had received its federal Payment in Lieu of Taxes (PILT) sum in the amount of $1.037 million as of Tuesday, June 17. Last year’s payment had been a slightly lesser amount, Crumrine said, due to federal sequestration.
The budget for 2014/15 totals $41,392,776, with a tax rate of $3.7619 per $1,000 of assessed value.
As part of the budget discussion, there were a number of budget-related resolutions that were approved by the Commissioners for the current budget year, ranging from grant funding related to marine law enforcement to a transfer of funds for Lake County Public Health.
Resolution No. 2013-17 calls for a transfer from materials and services to salaries by a factor of $1,400 for the Lake County Sheriff’s Department for marine law enforcement. This transfer raised the approved budgeted salary from $9,000 to $10,400.
Resolution 2013-16 addresses a transfer of funds for Lake County Public Health in the amount of $15,000 from salaries into materials and services.This transfer recognizes higher-than-anticipated costs for medical supplies, raising the budgeted line item for medical supplies from $55,000 to $70,000 and reducing the line item for admin/clinical nurse costs from $18,269 to $3,269.
Resolution 2014-04 establishes ending fund balances for the current year.