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Laketran Returns $12 Million to Lake County Taxpayers by Pausing Sales Tax

  • Laketran is giving back $12 million to Lake County taxpayers due to a surplus of COVID-19 relief funds
  • The agency will temporarily pause the quarter of 1% sales tax approved by voters in 2019
  • Sales tax in Lake County will decrease from 7.25% to 7% starting in July
  • CEO Ben Capelle stated that the relief funds were more than enough to run operations smoothly
  • The levy passed in 2019 will expire in 2029 with no additional taxes added
  • Residents like Ken Jevec believe the temporary sales tax decrease will be helpful and fair

Source: news5cleveland.com

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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