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Service Program for Fiscal Year 2023-2024

Development of the Service Program for FY 2023-2024 began in February 2023 with strategic planning
sessions held with City Council and the City Management Team. During biweekly public work sessions
with City Council in June, July and August, City Staff presented and solicited input on a variety of issues
including expansion and development of new and existing programs, updating fee schedules to improve
revenue, city-wide facility needs, planned capital improvement projects, debt capacity, and providing tax
relief.

While developing the 2023-2024 Budget and Annual Operating Plan, the management team strongly
evaluated existing service levels and the impact of the proposed 2023-2024 service plan on the City’s
Comprehensive Long-Term Financial Plan, as well as comments received from citizens during City
Council meetings and via social media.

Management Strategies

City management developed priorities and goals based on strategic planning meetings with City Council,
staff and various boards and commissions. These meetings were held to allow for City Council’s input in
developing the City’s Long-Term Strategic Plan and priorities for the FY 2023-2024 Budget.
Management and City Council revised the Strategic Plan to incorporate revenue and expense estimates in
relation to the national, state, and local economy. Management also met with key staff members to obtain
input in the development of the FY 2023-2024 Budget. Similar themes, priorities and goals were
identified by both City Council and the City’s staff for the upcoming budget year.

Management monitors all development activity within the City during the year to manage the resources of
the City. The economic climate in the City of Mansfield continues to prosper along with the improving
economies of the state and nation. Well-timed infrastructure improvements, stringent development
standards and aggressive economic development strategies have created additional opportunities for
commercial and retail expansions. The residential market continues to add new development throughout
the City.

Local Economic Factors Affecting the 2023-2024 Service Programs

• Citizen input remains focused on improving streets and traffic congestion as the population increases.
• Improved industrial, commercial, and residential valuations.

• Increased interest in development along State Highway 360 and Highway 287.

• Increased interest in development in the Historic Downtown area.
• Retail, commercial, and industrial recruitment and retention.
• Sales tax revenue is estimated to increase 11.82% from the FY 2022-2023 budget of $18,285,023 to
$20,447,144 in FY 2023-2024 due to increased population growth and the continued expansion of
retail development.
• Strategic location in the Dallas/Fort Worth area - North/South corridors of Highways 360 and 287.
• A well-planned City including desirable neighborhoods, schools, and superior City services.

• Continued aggressive Economic Development programs.

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