January 2026 Financial Performance
Summary
The MEDC's financial reports for January 2026 were reviewed and approved, showing positive revenue trends and year-over-year growth.
At a glance
- Total mentions
- 9
- Last 30 days
- 0
Last discussed Aug 7, 2026.
Impact analysis
The proposed budget includes a 1.76% increase over the no-new-revenue tax rate.
City residents benefit from maintained service levels and infrastructure improvements.
Taxpayers may face higher costs due to the proposed tax rate increase and utility rate hikes.
Mentions & discussions (11)
McKinney City Council adopts FY27 budget
McKinney City Council adopts FY27 budget North Texas e-News
McKinney, Texas, proposes $880 million budget, nearly 1.4% property tax hike
McKinney, Texas, proposes $880 million budget, nearly 1.4% property tax hike The Cool Down
City Council (Work) - Aug 7, 2026
The city is proposing a budget that increases the tax rate slightly to keep up with growth and inflation. Council members are debating whether to approve all 52 new staff positions or look for ways to cut costs to keep the tax rate flat.
Mckinney Economic Development Corporation - Jul 20, 2026
McKinney is seeing strong economic growth, with sales tax revenue up 8.6% in May compared to last year, outpacing nearby cities.
City Council (Regular) - Mar 17, 2026
The city is moving forward with issuing new bonds for infrastructure and public safety projects, and also refunding existing debt to potentially save money. This impacts future city services and financial obligations.
McKinney Economic Development Corporation - Mar 17, 2026
The MEDC's financial reports for January 2026 were reviewed and approved, showing positive revenue trends and year-over-year growth.
City Council (Work) - Mar 3, 2026
The city's annual audit for fiscal year 2025 was presented, showing a clean opinion with no adjustments needed. This reflects positively on the city's financial management and reporting.
McKinney Economic Development Corporation - Feb 17, 2026
The board reviewed and approved financial reports for September, November, and December 2025. These reports showed significant activity, including increased assets and liabilities due to land purchases and debt, alongside sales tax revenues and project expenditures.
McKinney Community Development Corporation - Jan 22, 2026
The November financial report indicated a positive trend with a 4.8% increase in sales tax collections compared to the previous year, suggesting a healthy financial standing for the MCDC.
McKinney Council passes FY2026 budget with lowered tax rate
McKinney Council passes FY2026 budget with lowered tax rate North Texas e-News
McKinney lowers property tax rate but increases city budget
McKinney lowers property tax rate but increases city budget KERA News
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