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 meeting focused on an update regarding the strategic priorities and activities of the McKinney Economic Development Corporation. Key agenda items included a review of strategic planning initiatives, a report on the Local Government Alliance Special Initiative, and a discussion on developed Key Performance Indicators. Additionally, the body held a Joint Executive Session to consult with legal counsel, deliberate on real property matters related to the Old Donation Addition, and discuss economic development initiatives concerning Project Marty.
The meeting included a Community Partner Spotlight featuring TUPPS Brewery and a review of the financial report. Board and liaison reports provided updates on airport construction, parkland dedication ordinances, downtown renovation projects, and various parks and recreation department activities. The President's report covered marketing initiatives and the website redesign. The board approved numerous promotional and community event grants for various local organizations. Public hearings and subsequent actions were held regarding project grant applications for the Heard Natural Science Museum, the City of McKinney Parks and Recreation Department, and CommonGood Medical. Finally, the board approved the proposed fiscal year 2027 budget.
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