In starting a new fiscal year, Farragut Board of Mayor and Aldermen is taking another look at its strategic planning.
While the Board normally has a strategic planning workshop in February, it will be taking on a new tact.
During its Thursday, Jan. 26, meeting, the Board unanimously approved a professional services agreement with Raftelis Financial Consultants Inc. for strategic planning services for the Town.
According to the contract, those services will cost the Town an amount not to exceed $54,500.
“Back in 2017, our Board got together in a strategic planning session with Novak Consulting Group — Julie Novak was our lead consultant for that,” Town administrator David Smoak said. “She has sold her practice to Raftelis, so they have submitted a (Request for Quotation) for strategic planning services this time.
“We received three RFQ’s, and (Raftelis was) the responsive firm to work with us as well,” he added.
“But the strategic plan is important because it really sets the stage for our vision, our mission, our goals and values that we have as a community and where we want to go in the next three to five years.”
Novak would come in “and have various strategic planning sessions,” the Town administrator said. “She would do an environmental scan, really identifying all of the strengths and weaknesses that we may have, things we really need to be working on.”
After Novak gathers all necessary information, “She wants to come back to the Board of Mayor and Aldermen, sit down and talk to you about what the feedback was ...,” Smoak said.
”The game plan is that would start in February and we would have that completed near the first of May,” he added.