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Council approves final millage of 6.5000 mills for FY 2025–2026
Summary
The Village of Lazy Lake council adopted Resolution 25-04 setting the final millage at 6.5000 mills (rolled-back rate listed as 6.2849 mills). The motion, moved by Council Member William Daugherty and seconded by Council Member Jeff Grenell, was recorded as passing 5–0.
The Village of Lazy Lake council voted to adopt its final millage for the 2025–2026 fiscal year, approving Resolution 25-04 and setting the rate at 6.5000 mills.
Council Member William Daugherty moved to approve Resolution 25-04, and Council Member Jeff Grenell seconded the motion; the minutes record the outcome as "motion passed 5-0." The minutes also list the Village’s rolled-back rate as 6.2849 mills. The minutes do not record individual member votes by name; the tally is recorded only as the motion outcome.
Adopting the millage completes the formal step needed to levy ad valorem taxes for the coming fiscal year. The council previously held a tentative rate; this hearing finalized the rate after the statutorily required public notice and hearing sequence.
The minutes list the Village’s taxable property value at $11,555,566, a figure used in levy calculations. No further conditions or amendments to the millage were recorded in the minutes. The council adjourned at 7:00 p.m.
