With Santa Claus waving and children behaving, full of smiles and cheer.

Launceston's Christmas Parade is a holiday hallmark that will run under new organisers this year after being ran by community group Apex for 30 years.

City of Launceston Lions Club have taken over the reins after Apex shut down permanently earlier this year.

Lions Club Secretary Shae Collis said the club was honoured to be considered worthy of taking over such an important festive community event.

"They [Apex] did a great job and have been very supportive of us taking on the tradition and taking over of the running of the parade," she said.

"Apex acknowledged that we shared similar values to them ... they wanted another community organisation to take over the parade.

"The parade is a tradition for the community and we just want to keep it for the benefit of the community and make sure they're enjoying it and feeling festive."

Funding raised from this year's parade will go towards disability sport and recreation organisation New Horizons.

"It is a very timely contribution for them [New Horizons] because they have been insecure in their funding as of July ... any donations to them are greatly appreciated at this time," Ms Collis said.

New Horizons acting chief executive Edwina Dick said it was a lovely surprise to be receiving donations from the parade.

"It was so fantastic when we found out," she said.

"Our members get so much joy from the parade ... it's a beautiful way to end the year."

The parade will start at 11am on Saturday, in Launceston's CBD.