Issue Sheet POL2025-001
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City of Smyrna Issue Sheet File Number: POL2025-001 A Max Bacon City Hall 2800 King Street Smyrna, GA 30080 1 0 1 6 Agenda Date: 3/3/2025 In Control: City Council File Type: Policy Agenda Section: Formal Business Department: Parks and Recreation Agenda Title: Approval of the Parks and Recreation Department Financial Sustainability and Cost Recovery Policy and authorize the Mayor to sign and execute all related documents. Citywide ISSUE AND BACKGROUND: Smyrna Parks and Recreation’s Cost Recovery Policy intends to create organizational resilience by way of logical, intentional, and thoughtful guidelines for investment and spending decisions. The strategy encourages tax investment and revenue generation strategies and practices that are fair, equitable, and responsible. This policy is necessary to ensure the department’s financial stability in both the near and long term. RECOMMENDATION / REQUESTED ACTION: Parks and Recreation staff recommend approval of the Parks and Recreation Department Financial Sustainability and Cost Recovery Policy and authorize the Mayor to sign and execute all related documents.