The City of Lauderdale Lakes Introduce FY2016 Proposed Budget with Lower Tax Rate
The City of Lauderdale Lakes has prepared a proposed the Fiscal Year 2016 Budget. The All Funds Proposed Operating Budget is set at $35.8 million and is available for review at www.lauderdalelakes.org/finance.
According to Acting City Manager Dan A. Holmes, AICP, the FY2016 Budget produces reductions in Fire Rescue, Stormwater, and Solid Waste Assessments which marks the fifth year of the City’s Financial Recovery. Holmes goes on to say, “Over the last few years, the City has faced significant financial challenges. However, through leadership from the Mayor and Commission and the dedication of staff, the City’s financial condition has significantly improved.”
As the FY2015 year winds down, we will keep you updated on the Budget preparation for the new year. Lauderdale Lakes appears to be moving at a steady pace in a positive direction. You should see information relating to the General Fund, and the Operating Budget in the well prepared budget booklet.
Mayor Barrington Russell said, “We are excited about this years budget. The overall result should excite the Lauderdale Lakes residents and that, to me, means we are moving ahead in a positive direction. At the end of the day, the budget is not just a collection of numbers, but it is an expression of our values and aspirations for the City of Lauderdale Lakes.”
For more information or to request a tour of the City, please contact the Public Information Office at 954.535.2838.