File #: 24-3784    Version: 1 Name:
Type: Agenda Item Status: Consent Agenda
File created: 10/30/2024 In control: City Council
On agenda: 11/4/2024 Final action:
Title: Approval of the Lewisville Financial Support and Sustainability Strategy Update.
Attachments: 1. Staff Memo_FSSS Update_20241104, 2. FSSS Update_City Council_20241104
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title

Approval of the Lewisville Financial Support and Sustainability Strategy Update.

 

request

ADMINISTRATIVE COMMENTS:

 

In 2019, the City Council approved the Lewisville Parks and Recreation Department’s Financial Support and Sustainability Strategy (FSSS) to use as a framework for support and cost recovery goals and setting fees for use of parks and participation in programs/activities.  The FSSS was renewed without modification in 2021 due to lack of meaningful data associated with impacts of COVID.  Based on analysis of data from FY22 and FY23, the department recommends replacement of the Community Events service category by an Outreach and Inclusion service category with a support range of 85-95%.

 

RECOMMENDATION:

 

That the City Council approve the Lewisville Financial Support and Sustainability Strategy as set forth in the caption above.