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Docusign Envelope ID: 442FD49E-7363-4CD4-A433-A4AD16C3B517 s July 31, 2025 Ms. Rose Beverly City Manager City of Paris 135 SE 151 Street Paris, TX 75460 775 V1 Campbell H. %ite 440 i,ichardswi, TX 1SO80 Phone: (977:) 680-7.000 Re: FY 2025 Open Services Agreement for Strategic Financial Planning Professional Services Dear Ms. Beverly: Based on our discussions, NewGen Strategies and Solutions, LLC (NewGen) appreciates this opportunity to present our qualifications to assist the City of Paris (City). This letter details our understanding of the Strategic Financial Planning task with a focus on the General Fund that the City would like to complete. We thank you for your consideration of our firm to assist in this strategic management exercise and value the ongoing relationship with the City and NewGen. NewGen views this assignment as strategic in nature. We share an acute appreciation of the relationship between governing bodies, the public they serve, and the multitude of customer expectations challenging every community—especially the understanding of how these relationships can become tenuous in the face of economic, environmental, and political challenges. It is this familiarity, along with the ability to present results in a way decision makers understand, that sets NewGen apart from other firms. Our Project Team combines financial planning and municipal finance expertise. Mr. Garrett has over 20 years' experience including oversight of Finance, IT, HR, and Customer Service. In his current and in each of his previous roles, he has assisted public entities in planning and maximizing the effectiveness of change management efforts. These initiatives have included internal process improvement, technology implementation, and public -facing endeavors. Moreover, Mr. Garrett has worked closely and successfully with a number of communities on a wide range of projects throughout his consulting career. We have efficient and cost-effective tools. The NewGen team brings a suite of financial planning, cost allocation, and financial modeling design tools that we have developed through working with many public clients over the years. Our tools are primarily designed in Microsoft Excel to allow for a dynamic and complete analysis of key factors for expenses and/or revenues. Experience creating and validating our own models will help NewGen customize easy to understand tables and graphs that aid will the City in "telling its story" through its own financial model. We are dedicated to your success. Our objective is to support the City once again in the successful completion of this Strategic Financial Plan. Our staff is dedicated, responsive, and accessible to our clients. We meet our deadlines, provide the highest quality work products, and foster long-term relationships with our clients. For the reasons stated above, we believe we are uniquely qualified to assist the City. This open services agreement is meant to simplify the administration of our consulting services and allow NewGen to continue working with the City and help in other areas as may be requested. For the Strategic Financial Planning support NewGen will provide, the primary task considerations include: Economics I Strategy I Stakeholders I Sustainability www.newgeiistrategies.net