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Village of Lazy Lake adopts 6.5000‑mill rate and approves final FY 2025–26 budget
Summary
At its Sept. 24, 2025 public budget hearing, the Village of Lazy Lake council adopted a final millage of 6.5000 mills and approved the final budget for fiscal year 2025–2026; taxable property value reported at $11,555,566.
At a public budget hearing on Sept. 24, 2025, the Village of Lazy Lake Council voted to adopt a final millage rate of 6.5000 mills for the 2025–2026 fiscal year and approved the village’s final budget for the same period.
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, which the minutes record as passed. The minutes record the village’s rolled‑back rate as 6.2849 mills and list the village’s taxable property value as $11,555,566.
Council Member Dana Merrill moved to approve Resolution 25‑05 adopting the final budget for FY 2025–2026; Council Member Grenell seconded and the motion was recorded as passed. The minutes state the adopted budget covers Oct. 1, 2025–Sept. 30, 2026 (the minutes contained a typographical date entry that has been corrected to the standard municipal fiscal year dates above).
The actions complete the village’s formal budget adoption process for FY 2025–2026 and set the tax levy for property owners within Lazy Lake. The minutes do not record additional ordinance changes or amendments tied to the budget at the hearing.
The resolutions are recorded in the minutes as Resolution 25‑04 (final millage) and Resolution 25‑05 (final budget). The Clerk’s summary lists the key decisions from the hearing but the minutes do not include verbatim public testimony on the millage or budget line items.
