Trying to understand the very complex issue of property taxes is how LFC got started. We will continue to try to educate ourselves, and those citizens that are interested, why our property taxes continue to escalate at an alarming rate. This is the first of a series of articles dealing with Lake County property taxes.
We received the following schedules from the ever accommodating Barb Hogya of the Auditor’s office.
They provide 5 years worth of property valuations for all three classes of property tax:
Class I – Residential and Agriculture
Class II – Commercial and Industrial
Class III – Public Utilities Personal Property
In future articles, we will compare the changes in the Assessed Valuations for each political sub-division.
Stay tuned for more analysis of Lake County Property Taxes……do not be priced out of your homes, please do your homework before you pass any more property tax levies.