Lake County Board Approves Balanced, Fiscally Responsible 2018 Budget

view as a webpage

Annual Budget

November 15, 2017


Lake County Board Approves Balanced, Fiscally Responsible 2018 Budget

The County Board recently approved the 2018 budget that dedicates $437 million to fund core services, including transportation and infrastructure, health services, courts and public safety. The budget is up less than 2% from last year. The county board maintains a strong track record of practicing fiscal responsibility, which means making prudent, data-driven decisions, using resources efficiently and maintaining sustainable, financial operations. As a result, this budget is balanced and Lake County is fiscally stable. The County has been able to hold the line on its budget because across the organization, departments are implementing operational efficiencies, leveraging technology, and sharing services that are making a difference to our bottom line.


Transportation 3

As in previous years, the biggest budget challenge is the impact from State funding cuts. This year, Lake County faces a total $1.6 million in State cuts, which includes a significant cut in funding to roads. The Lake County Board continues to invest in transportation and even has funded State road projects, as the County Board recognizes the benefits to the entire transportation system.

Lake County is advancing several projects and regional initiatives that illustrate our commitment to investing in people and our communities, as stated in our strategic plan and carried out through this budget. Examples include: mental health, regional 911 consolidation, and environmental sustainability.

 

AAA Rating

For more than 20 years, Lake County has maintained a AAA credit rating from both major credit agencies – the highest rating possible. Check out our online Budget Story, and watch the budget presentation and discussion from the board meeting by going to lakecounty.tv and clicking on items 60 & 61. 


Delivering Exceptional, Financially Sustainable Services 

Budget Play Button


Lake County works to improve the quality of life in Lake County and provide services that benefit more than 700,000 Lake County residents. Our mission is to deliver exceptional, financially-sustainable services that promote a safe and healthy community while enhancing economic vitality. Our core values of fiscal responsibility, exceptional service, operational excellence, leadership and environmental stewardship influence everything we do. Watch this video to see how we are delivering on our mission and values every day!