Sep 19, 2024Board meeting
City of Lakeland Annual Budget
The City of Lakeland's Fiscal Year 2025 Annual Budget prioritizes investments in essential services and key projects that contribute to Lakeland's growth, sustainability, and quality of life. The budget allocates funding for initiatives linked to the goals established in the 2025-2029 Strategic Plan, focusing on infrastructure, economic development, public safety, and culture. It addresses challenges such as inflationary pressures, increasing operating costs, and the need to maintain a competitive workforce. The budget includes expenditures for operating and maintenance funding, health insurance, pay increases for employees, and various strategic initiatives.