Welcome to the Lake County Treasurer’s Office
THE LAKE COUNTY TREASURER’S OFFICE IS OPEN TO THE GENERAL PUBLIC.
TAXPAYERS CAN CONTINUE USING THE EXISTING DROP BOX AS AN ALTERNATIVE TO COMING IN, NO CASH IN THERE PLEASE.
OFFICE HOURS: 8 AM – 4:30 PM MONDAY – FRIDAY
Real Estate taxes can be paid
- Online E-Check (only $1.50 flat rate fee applies if under $10,000) you can use this option by changing the drop down from “credit/debit “to “electronic check” under payment method. https://client.pointandpay.net/web/LakeCountyTreasurerOHO
- Online by Credit Card (2.5% Fee Applies)
- In person
- Drop Box
- Drive Thru open until 3:30 PM during months of Feb/July through payment due date
- Plus convenient Auto Pay options
Notice Of Real Estate Tax Due Dates
Current Real Estate Tax
Wednesday, February 16, 2022 Last Day of Payment of 1st Half of 2021 Taxes
Wednesday, July 20, 2022 Last Day of Payment of 2nd Half of 2021 Taxes
Notice is hereby given that Real Estate Taxes for the First Half of 2021 are due and payable on or before Wednesday, February 16, 2022. Payments that are mailed must have a postmark of Wednesday, February 16, 2022 or before by the United States Postal Service only. Postmarks from private mailing machines are no longer acceptable. After February 16, 2022, a penalty must be charged in accordance with the Ohio Revised Code. In addition, interest is charged twice yearly on certified unpaid balances.
Notice is hereby given that Real Estate Taxes for the Second Half of 2021 are due and payable on or before Wednesday, July 20, 2022. Payments that are mailed must have a postmark of Wednesday, July 20, 2022 or before by the United States Postal Service only. Postmarks from private mailing machines are no longer acceptable. After July 20, 2022, a penalty must be charged in accordance with the Ohio Revised Code. In addition, interest is charged twice yearly on certified unpaid balances.
When your mortgage is paid or if it is sold to another mortgage company, it is the owner’s responsibility under the Ohio Revised Code to see that this office is advised in order that the tax bill will be sent to the correct address.
Every effort is made to see that you receive your tax bills; however, Section 323.13 of the Ohio Revised Code provides that the property owner is responsible for payments (plus any penalties and interest) even if you did not receive your bill. Please call us at once if you did not receive your bill or if you have any indication that your tax bill may have been misdirected.
Dear Taxpayer and Resident,
I would like to explain some of the duties of the County Treasurer.
In County finance, responsibility for the financial decision making is divided between the Auditor and the Treasurer. The Auditor is the Chief accountant responsible for executing transactions and maintaining financial and budgetary records. The Treasurer is the cash manager functioning in a manner similar to a banker. This system of checks and balances streamlines operations. Good communication between the offices of Treasurer and Auditor is essential in order to properly process the workload.
As cash manager the Treasurer collects all cash received by the County and makes all deposits. The Auditor makes expenditures by the issuance of County warrants (like checks) and the Treasurer redeems those warrants as they are presented by the bank.
The Treasurer and the Auditor’s office reconcile on a daily basis to make sure all records are in agreement. That is the check and balance for your tax dollars. We balance to the penny every day.
If you have any problems or questions concerning the Treasurer’s Office, please do not hesitate to call from Painesville (440)350-2516, from Madison 428-4348, from West End and Cleveland 918-2516; FAX (440) 350-2623, send E-Mail or visit us personally at the County Administration Building (105 Main St, Painesville, Ohio 44077).
Sincerely,
Michael Zuren
Treasurer
The Treasurer’s Responsibilities
Who Is Your County Treasurer?
County treasurers in all of Ohio’s 88 counties have traditionally served as the local tax collector. However, tighter budgets and increasing demands at the local level have changed the face of the position of County Treasurer and increased expectations for this important occupation.
Today’s Treasurer serves as the County’s Chief Investment Officer, the Administrator of sophisticated delinquent tax collection programs and the keeper of property tax escrow accounts. As a result, those that hold this position must be individuals who are highly trained in investment, cash management and financial planning strategies to properly manage and safeguard local funds.
Increasing Responsibilities, Greater Challenges
As local budgets have grown tighter and school districts face mounting financial challenges, the responsibilities of County Treasurers have multiplied. County Treasurers face growing pressures from local districts to expedite the tax collection process and increase efforts to collect on delinquent taxes. In essence, the faster the Treasurer collects and accounts for revenue, the faster the districts receive the funds.
In addition, in many counties the dollars earned from the investments are a major source of revenue for the County General Fund. County Treasurers in the smallest counties are responsible for investment porfolios in the $3 to 5 million range, and more than $300 million in the largest counties. This represents an increase of 100 to 500 percent over portfolio sizes just 10 years age. As a result, County Treasurers are continually balancing the security of investments with pressures from County Commissioners and School Board Members to maximize the return on the investments.
Comparison figures of Brown (small county), Wood (medium county), Lake (medium county), Cuyahoga (large county):
| Cash Flow | Investment Income | Amount of Bond | |
| Brown | $ 10,975,000.00 | $ 250,000.00 | $ 10,000.00 |
| Wood | $ 254,138,000.00 | $ 1,528,000.00 | $ 100,000.00 |
| Lake | $ 270,000,000.00 | $ 5,700,000.00 | $ 200,000.00 |
| Cuyahoga | $ 2,300,000,000.00 | $ 28,000,000.00 | $ 2,000,000.00 |
In 1996, the Ohio General Assembly raised the levels of accountability and qualifications for County Treasurers. Senate Bill 81 increased exponentially the mandatory financial reporting, as well as quarterly and yearly reports of all transactions and investment activities.
In addition, the legislation requires mandatory continuing education courses for all County Treasurers, including 26 hours to be completed by a new Treasurer upon taking office and 13 hours each year following. These standards are similar to continuing education requirements for professional groups such as attorneys and accountants. Ohio is one of only a handful of states that require this level of continuing education for its County Treasurers.
The Future
The future promises to present local governments and school districts with even greater budget challenges. Therefore, it is critical that Ohio be able to recruit the top candidates for County Treasurer positions. In addition, Ohio must recognize the considerable responsibilities and increasing expectations that present County Treasurers in all 88 counties face each day.
Counties must be able to offer salaries that are competitive with similar positions in both the public and private sector to encourage accountable, highly skilled financial experts to consider being candidates for County Treasurer positions statewide. Treasurers are the individuals Ohioans entrust to invest and manage local funds. Only the most experienced and qualified individuals can meet the upcoming challenges facing tomorrow’s County Treasurers.