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Village of Lazy Lake adopts 6.5-mill property tax rate and approves FY 2025-2026 budget
Summary
The Village of Lazy Lake council adopted a final millage rate of 6.5000 mills and approved the FY 2025-2026 final budget at its Sept. 24, 2025 public hearing; the council recorded a taxable property value of $11,555,566. Discussions about council stipends and a banner-advertising proposal were held but not voted on.
The Village of Lazy Lake council on Sept. 24, 2025 adopted a final millage rate of 6.5000 mills and approved the villages final budget for fiscal year 2025-2026.
The action came during the villages second public budget hearing. Council Member William Daugherty moved to adopt Resolution 25-04 setting the final millage at 6.5000 mills; Council Member Jeff Grenell seconded. The motion recorded passage 5-0. The meeting record lists the villages rolled-back rate as 6.2849 mills.
Council then considered Resolution 25-05, the ordinance adopting the final FY 2025-2026 budget. Council Member Dana Merrill moved to approve the final budget and Council Member Grenell seconded; the motion is recorded as passing 5-0. The minutes list the taxable property value used for the levy as $11,555,566. The adopted budget covers the 2025-2026 fiscal year (Oct. 1, 2025Sept. 30, 2026).
The meeting minutes include the formal resolution language directing the mayor and administrative assistant to implement the levy and noting typical saving clauses and effective dates; no additional statutory citations are transcribed.
No individual roll-call votes with named yea/nay votes are recorded in the minutes; the record shows the motions passed by a 5-0 tally as noted above.
The council adjourned the budget hearing at 7:00 p.m.
