Oct 1, 2025Board meeting
City of McAllen Budget
The City of McAllen's budget for FY 2025-2026 anticipates generating $612.9M in revenues and transfers in while spending $328.7M for operations, $221.1M for capital expenditures and $28.3M for debt service, leaving an estimated combined fund balance and working capital of $332.1M. The budget includes a decrease in the property tax rate, a 3% cost-of-living adjustment for employees, and funding for various capital improvement projects. Key priorities include addressing traffic congestion, maintaining streets, and ensuring an adequate drainage system. The budget also focuses on economic development, quality of life issues, and balancing demands for service with the tax rate.