Page 87 - CityofMansfieldFY25Budget

SERVICE PROGRAM
FISCAL YEAR 2024-2025

STRATEGIC PRIORITY:

DEVELOP A STRONG ECONOMY

We’re committed to continuing to develop a strong economy by prioritizing the implementation
of the Comprehensive Economic Development Policy.

The Policy focuses on encouraging local entrepreneurship through a Mansfield-First approach,
recruiting STEM career fields to the City.

Finally, City Council will stress the importance of creating unique Mansfield Experiences
through encouraging development of destination retail, restaurant and entertainment venues.

Guiding Principles: Healthy Economy, Remarkable Experiences

Goals:

1. Create and implement a Comprehensive Economic Development Policy.
• Focus on economic activity in the City with the objectives of increasing recognition
of Mansfield’s brand, elevating commercial development, and becoming a hub of
innovation.

2. Establish a Mansfield-First Policy that encourages local entrepreneurship.
• Help existing businesses flourish by providing support to the companies that call
Mansfield home.

3. Recruit STEM related career fields to Mansfield.
• Create an innovation corridor for companies with cutting-edge technology; partner
with hospitals and universities to bring in high caliber job opportunities.

4. Create unique experiences through destination retail, restaurant, and entertainment.
• Continue to seek out extraordinary developments that will make Mansfield a
destination city.

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