$8M-plus loss in cash has Lake leaders looking for solutions

Lake County commissioners will face some tough financial choices this summer. Sweeping property-tax reform and plunging property values figure to drain millions from the money pot used to pay firefighters and ...

[SMART RELIC]

If I read this article right, it says the Lake County Sheriff's Department budget for 2007-2008 is $62,500,000.(Sixty-Two & One Half Million Dollars.) And apparently the entire
Lake County Budget equals $191,000,000.(One Hunderd &
Ninety One Million Dollars.) In regular old fashioned math this equals 32.7% of the entire County Budget!

Now, just 5 minutes ago I went online at LCSO and clicked on finance on the SO website it says the budget is:
$35,493,774.(Thirty Five Million, Four Hundered Ninety Three Thousand, Seven Hunderd & Seventy-Four Dollars)

I wonder just when this was last updated and, are they spending money so fast over there, they don't have time to keep our records up to date? Check this out, it's our money they're blowing, while we are walking, riding bicycles
and have the largest list of unpaid real estate taxes in Lake County history... They want more and more!

[tony soprano]

LCSO is thee most pathetic law enforcement agency out there. They wasted 2 months investigating a strip club because someone complained that there were bare breasts being shown. Wasteful wasteful wasteful.

[Typical Politicians]

What then did the County do with this money ($92,702,980) from the 2006-2007 Budget? See below. Sorry the chart did not copy over correctly but I have included the link to the document in the Clerk of Court Records.

The following is a summary of Lake County net assets for governmental and
business-type activities for 2007 and 2006, with amounts expressed in
thousands.

LAKE COUNTY'S NET ASSETS (amounts expressed in thousands)

Total
2007 -2006 2007- 2006 2007 -2006
Current and other assets
$ 336,337 $ 203,762 $ 21,803 $ 18,299 $ 358,140 $ 222,061
Capital Assets
308,333 245,851 6,197 6,650 314,530 252,501
Total Assets
644,670 449,613 28,000 24,949 672,670 474,562
Long-term liabilities outstanding
133,706 8,449 8,990 9,690 142,696 18,139
Other liabilities
33,373 23,776 2,396 2,238 35,769 26,014
Total Liabilities
167,079 32,225 11,386 11,928 178,465 44,153
Net Assets:
Invested in capital assets, net of
related debt
283,205 244,263 3,577 3,592 286,782 247,856
Restricted
101,683 103,296 1,370 1,272 103,053 104,568
Unrestricted
92,703 69,829 11,667 8,157 104,370 77,985
Total net assets
$ 477,591 $ 417,388 $ 16,614 $ 13,021 $ 494,205 $ 430,409

An additional portion of the County’s governmental activities net assets (21%)
represents resources that are subject to external restrictions on how they may be
used. The remaining balance of unrestricted governmental activities net assets ($92,702,980) may be used to meet the County’s ongoing obligations to citizens

http://www.lakecountyclerk.org/forms/2007_CAF...

Copy and paste this link to your browser to open. You must have Adobe Reader to view.

View it for yourself on page #33 of this .pdf document straight from the Clerk of Court records.

Remember Knowledge Is Power.

[SMART RELIC]

Typical Politicians wrote:

What then did the County do with this money ($92,702,980) from the 2006-2007 Budget? See below. Sorry the chart did not copy over correctly but I have included the link to the document in the Clerk of Court Records.
The following is a summary of Lake County net assets for governmental and
business-type activities for 2007 and 2006, with amounts expressed in
thousands.
LAKE COUNTY'S NET ASSETS (amounts expressed in thousands)
Total
2007 -2006 2007- 2006 2007 -2006
Current and other assets
$ 336,337 $ 203,762 $ 21,803 $ 18,299 $ 358,140 $ 222,061
Capital Assets
308,333 245,851 6,197 6,650 314,530 252,501
Total Assets
644,670 449,613 28,000 24,949 672,670 474,562
Long-term liabilities outstanding
133,706 8,449 8,990 9,690 142,696 18,139
Other liabilities
33,373 23,776 2,396 2,238 35,769 26,014
Total Liabilities
167,079 32,225 11,386 11,928 178,465 44,153
Net Assets:
Invested in capital assets, net of
related debt
283,205 244,263 3,577 3,592 286,782 247,856
Restricted
101,683 103,296 1,370 1,272 103,053 104,568
Unrestricted
92,703 69,829 11,667 8,157 104,370 77,985
Total net assets
$ 477,591 $ 417,388 $ 16,614 $ 13,021 $ 494,205 $ 430,409
An additional portion of the County’s governmental activities net assets (21%)
represents resources that are subject to external restrictions on how they may be
used. The remaining balance of unrestricted governmental activities net assets ($92,702,980) may be used to meet the County’s ongoing obligations to citizens
http://www.lakecountyclerk.org/forms/2007_CAF...
Copy and paste this link to your browser to open. You must have Adobe Reader to view.
View it for yourself on page #33 of this .pdf document straight from the Clerk of Court records.
Remember Knowledge Is Power.

Thanks, Typical Politician (TP)
I went to that download and I see what you mean.
What is amazing to me on page 34 is the Sheriff's Department got about 1/2 of that big old budget increase or about 6.5 million dollars for a total
budget amount in 2007-08 of 62.5 million dollars.
Thats almost 1/3 of the entire county budget unless I figured it wrong! The Sheriffs Department
budget showing on their website as of yesterday
was $35,493,774. I don't know when it was last updated! But they're getting $27,006,226. more than their website shows.Looks like they spend
so fast they don't have time to count it. they don't care it grows on trees.