Lakewood Budget FY 2014-2016
Lakewood Budget FY 2013-2014
Lakewood Budget FY 2012-2013
Lakewood Budget FY 2011-2012
At their Tuesday, June 28, 2016 meeting, the Lakewood City Council approved a $177.8 million balanced budget covering two fiscal years, from July 1, 2016 to June 30, 2018. The budget includes:
The city will continue to fully fund law enforcement services from the L.A. County Sheriff's Department and Lakewood's award-winning recreation programs for all ages.
Click for PDF of Lakewood’s full budget (Please be patient when downloading this large document.)
“My council colleagues and I poured over the details in reviewing this budget,” said Mayor Ron Piazza. “I’m pleased that Lakewood is in good financial condition and is able to carry out a reasonable number of new projects to keep our city modernized and in good shape for the future. Some of the new projects, such as for parks and community buildings, are ones that our residents will easily see and appreciate. Others, such as for our water system, may be underground or not easily seen, but are very important for maintaining our infrastructure and keeping Lakewood a good city for all of us to live in.”
Capital Improvement Projects in FY16-18 Lakewood budget:
Water and trash rates adjusted
To fund the water system modernization effort, the average water bill will increase by $2.50 a month from its current level of $33 a month. Lakewood’s city water system has rates that are traditionally within the middle range of those charged in the region. Trash rates will increase by only 31 cents a month from their current level of $19.43.