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 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.
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