City of McKinney, Texas FY2026-27 Budget
The City of McKinney's adopted budget for fiscal year 2026-2027 (October 1, 2026 - September 30, 2027), passed and approved by the City Council on September 1, 2026.
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The City of McKinney's adopted budget for fiscal year 2026-2027 (October 1, 2026 - September 30, 2027), passed and approved by the City Council on September 1, 2026.
The City Council conducted a work session to discuss the Fiscal Year 2026-27 Budget. The session included a comprehensive presentation on the budget process, covering utility rates for water and wastewater, property tax adjustments, general fund revenues and expenditures, and the capital improvements program. The council also reviewed bond package updates and compared financial data with peer cities.
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The City Council approved various consent items, including ordinances regarding animal control, resolutions for airport improvement funding and the McKinney National Airport Master Plan update, and sewer manhole rehabilitation. Key discussions included the approval of a roadway impact fee waiver for a multi-family development and a resolution supporting a housing tax credit application for Skyway Villas. The Council also amended the project and finance plans for Tax Increment Reinvestment Zone Number One, granted a specific use permit for a vehicle rental business, and approved multiple annexation and zoning requests. Additionally, the Council heard public comments regarding local traffic safety, homelessness, and site plan concerns, and received updates on a significant economic investment from Light On for its new headquarters.
The City Council meeting included a proclamation recognizing Arturo Lopez Diaz. Key agenda items included the approval of budget amendments for the Airport Master Plan, authorization of federal grant funding for airport infrastructure, and a change order for the Multidisciplinary Civic Campus. The Council also approved construction contracts for various lift station improvements, stream bank stabilization, and professional engineering services for residential infrastructure. Additionally, public hearings were held regarding a specific use permit for auto/truck sales and a zoning request for commercial use. The Council also discussed the 9-1-1 service fee and heard public comments on city matters including tree trimming and homelessness.
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