The Dunedin City Council has given out more than half a million dollars in it's latest city project funding round.

Lifesaving New Zealand and the Dunedin Symphony Orchestra are 2 of the big winners, both receiving more than $100,000 each.

The Fortune Theatre also fared well, netting $95,000 from the contestable grants pool.

The council's latest annual plan has seen the amount of money made available rise by around $60,000 on last year.

37 applications were received from organisations in this latest round with 27 of those selected.