What is your target fish?
Jig color - I go more by how i am fishing now-a-days rather than by how the lake looks. If i am fishing slow and finesse for tight jawed fish, natural and subtle colors. If i am ripping things fast and want it to be 'in your face' type fishing for aggressive fish, bright and loud colors. There are some colors i throw no matter what lake, what water color, all year long...... black/orange for bluegill...... silver/white for crappie....... black for bass.... yellow is one i am learning does well with catfish.
Line choice is important - go light weight in clear water - especially on lakes that have heavy fishing pressure. Although that creates problems if there is cover. I fish one up-ground reservoir that on a still day, you can clearly see the bottom in 25+ FOW. I dropped down to 2 or 4 lb. line and have done better catching bluegill, yellow perch and walleye in that lake. Lost many fish with the 2lb. so have settled with using 4lb. Problem is, thick weeds form by mid summer (the major cover of the lake that the fish use) and if you get even a medium size fish wrapped in the weeds, there is a good chance you will loose it with light line.