Local Millage Tax
Historic Millage Rates
The total Proposed Millage Rate for 2025 is 6.1220 Mills. It includes the Required Local Effort Millage of 3.1240 Mills, a Discretionary Millage of .7480, a Voter Approved Millage .7500, and a Capital Outlay Millage of 1.5 Mills. The State sets the Required Local Effort Millage, while all others are levied at the discretion of the Board.
School Taxable Values in $Billions
The School Taxable Value is based on property values set by the Lake County Property Appraiser. For the 2025 fiscal year, it is $45.1 Billion. The increase in School Taxable Value is due to new construction and rising values on existing property.
Local Revenue Per Student
Although the increase in School Taxable Value has resulted in a rise in Local Tax Revenue, the new homes contributing to the rise in School Taxable Value also increase the number of students enrolled in our District. This graph shows the Revenue from Local Taxes per Student.