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Lazy Lake adopts 6.5-mill tax rate and final FY 2025–2026 budget
Summary
At its Sept. 24 hearing the Village of Lazy Lake council approved a final millage rate of 6.5000 mills and adopted the final FY 2025–2026 budget; both resolutions passed unanimously, 5-0. Taxable property value was recorded at $11,555,566.
The Village of Lazy Lake council adopted a final millage rate of 6.5000 mills and approved the village's final budget for fiscal year 2025–2026 during a second public budget hearing on Sept. 24, 2025. Council Member William Daugherty moved to approve Resolution 25-04 setting the millage; Council Member Jeff Grenell seconded. The motion passed 5-0.
Council then approved Resolution 25-05 adopting the final budget for FY 2025–2026. Council Member Dana Merrill moved to approve the budget resolution and Council Member Grenell seconded; that motion also passed 5-0. The minutes record a taxable property value of $11,555,566 for the village and list the adopted millage alongside the transcript's cited "rolled-back rate" of 6.2849 mills. The final budget covers the FY 2025–2026 period (October 1, 2025–September 30, 2026).
The motions were recorded in the minutes with standard mover/second notation; the clerk's record shows unanimous votes for both resolutions. No amendments or conditions to either resolution were recorded in the provided minutes. The council did not schedule additional hearings on the millage or the budget in the minutes excerpt.
