By mid-March, Timberlake residents hope to see the beginning of a dredging process â a long-awaited, much-fought-for effort to save Timber Lake from decades of damage and compounded sedimentation that threatens its health. After a referendum held in November 2019, the Timberlake Watershed Improvement District acquired the power to tax its residents, and recently set a fiscal year 2021 tax rate of 15 cents per $100 of Campbell County real estate assessed value for the about 157 residents that live alongside Timber Lake. This real estate tax will be in addition to the current county rate o...