FINANCIAL STEWARDSHIP
STRATEGIES
Cost Efficiency Gains
Take a holistic approach to identify , evaluate , prioritize , and implement targeted initiatives to optimize performance while eliminating waste and maximizing resources . We will seek to reduce / eliminate waste , realize cost savings , and enhance productivity . This may be accomplished through policy and process improvements , cost reductions , automation , and technology modernization .
Financial Forecasting
To sustain the District ’ s financial strength amidst everchanging economic conditions , we will conduct a comprehensive review , develop , and implement long range financial projections / forecasting for the District . This includes scenario planning for best / worst case scenarios ( expense / revenue ), incorporating potential capital development projects .
Revenue Generation
Explore and implement innovative strategies to diversify , enhance , and expand sustainable revenue generation opportunities , including :
▪ Alternative Revenue Sources : we will explore new and expand existing revenue streams .
▪ Space Utilization : we will review and implement changes to maximize space utilization to expand participation , attract new users , and generate enhanced net revenue returns through District operated or contracted / leased approaches .
▪ Innovate Service Offerings : we will evaluate , innovate , and transform how we operate and what we deliver to meet evolving customer needs and enhance financial outcomes .
GLENVIEW PARK DISTRICT STRATEGIC PLAN