The Lahti City Strategy is based on the merger agreement between Lahti and Nastola, and it is a jointly and interactively created intent regarding the directions of developing the city. The strategy was approved by the Lahti City Council on 11 April 2016.
There are five operation promise wholes in the heart of the strategy:
A. We will encourage self-responsibility and participation
B. We will carry out services flexibly and effectively
C. We will work to improve competitiveness and take care of the environment
D. We will work interactively and responsibly
E. We will boldly renew structures and operation methods
Under these wholes are a total of 25 promises, which will be turned into concrete actions in connection with each budget. Implementation of the overall strategy will be monitored with various indicators, including population growth, balancing of differences in health, increasing the use of public transport and reducing greenhouse gas emissions.
The budget is a plan for the City's operations and financial management. The budget confirms Lahti's operational goals, financial allocations and revenue estimates for carrying out the City's services and developing the operations. The budget also includes sections about investments, financing etc. The budget is guided by the City Strategy.
The mayor prepares a budget proposal by October, which is based on the boards' draft budgets and decisions by the City currently in force. The City Board processes the draft and makes its own suggestions to the Council. The City Council approves the economic plan for three years, the budget being the first year.
Implementing the budget is monitored by the City on a monthly basis, and if necessary, changes based on the monitoring and projections are made. The financial year ends in a financial statement.