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McKinney CDC approves consent items; hears sales tax update and Byron Nelson tournament briefing
Summary
At its meeting, the McKinney Community Development Corporation approved routine consent items, received a March financial report showing $2.2 million in revenues for the month and heard an update on the CJ Cup/Byron Nelson tournament and community activations. Board also recognized longtime staff and received city manager and parks updates.
The McKinney Community Development Corporation approved its consent agenda and received financial and event briefings at Thursday’s meeting held in the city’s new council chambers.
Motion to approve the consent agenda was made by Deborah (board member) and seconded by Chris (board member); the motion passed. The consent list included minutes of recent CDC and subcommittee meetings and other routine items (agenda item 25-2680, 25-2681, 25-2682). The board also voted to close multiple public hearings during the meeting (motions to close moved and seconded; motions passed).
Chance Miller, assistant finance director, presented the March financial report. Miller said the CDC collected about $2,200,000 in revenue for March — approximately $1.8 million in sales tax and $430,000 in interest income — and reported roughly $2,200,000 in total expenditures for the month, driven by community grants and project payments. Miller noted a 1% month-to-month decrease in the sales tax collection for the reporting period and a year-to-date increase of about 4%; he also said April provisional figures showed a 6% period-to-period decrease that could reduce projected fiscal-year growth to about 3.5 percent.
The board heard a presentation from representatives of the Salesmanship Club of Dallas and tournament partners about the CJ Cup/Byron Nelson. Chris Peck of the Salesmanship Club said the tournament will emphasize mental health awareness during May, showcased sponsor activations and VIP hospitality packages, and noted substantial private investment in the course owner’s plans for TPC Craig Ranch (the presenter cited an owner investment of $20 million). Peakers emphasized local volunteer recruitment — the tournament draws about 1,200 volunteers each year, many from McKinney and Collin County — and said the city will maintain an activation booth on site throughout the event.
The board also recognized Cindy Schneibel for 15 years of service to the CDC; city manager Paul Grimes and others offered remarks thanking Schneibel for her leadership. Grimes gave a city update noting improved ISO ratings for building inspections and a gold-star Keep McKinney Beautiful designation. Parks and recreation staff provided project updates including progress on Town Lake renovation, Old Settlers Park design work, splash pad openings and summer event planning.
No executive-session actions were taken; the board recessed and reconvened with no post-executive-session action taken. Several items presented at the meeting — including reappropriation of park funds and two project grant applications — were heard as public hearings and will return to the board for decision at the May 22 meeting.
