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McKinney presents fiscal 2026 budget highlights; public hearing set for Sept. 2

5602151 · August 19, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

City staff proposed a $232.2 million fiscal 2026 budget, a slight tax-rate decrease, staffing additions and continued water-line replacement; council scheduled the official budget and tax-rate hearings for Sept. 2.

City staff presented highlights of the proposed fiscal 2026 budget at the Aug. 19 McKinney City Council meeting and said the formal public hearing and adoption of the budget and tax rate will take place Sept. 2.

Mark Holloway, the city’s chief financial officer, summarized the proposal and budget assumptions. The proposed tax rate is 0.412284, which Holloway called a “three-tenths of a cent” decrease…

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