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Village of Lazy Lake Adopts Final Millage Rate of 6.5 Mills
Summary
At the Sept. 24, 2025 budget hearing, the Village Council voted to adopt a final millage rate of 6.5000 mills, higher than the rolled-back rate of 6.2849 mills; the motion passed by recorded tally 5-0.
The Village of Lazy Lake adopted a final millage rate of 6.5000 mills during its second public budget hearing on Sept. 24, 2025. Council Member William Daugherty moved to approve Resolution 25-04, and Council Member Jeff Grenell seconded; the motion passed with a recorded tally of 5-0.
Council minutes record the adopted rate as "adopting the final millage at 6.5000 mills," compared with the village's rolled-back rate of 6.2849 mills. The minutes list the village's taxable property value at $11,555,566; the millage rate determines the share of ad valorem taxes levied on those assessed values.
The action was recorded as Resolution 25-04. The council did not record discussion of dollar revenue estimates tied directly to the millage in the provided minutes. The council proceeded to adopt the companion final budget later in the hearing.
