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McKinney CDC: FY24 sales tax totaled $23.8 million, projects spending pushed into FY25
McKinney Community Development Corporation · January 23, 2025
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Summary
The MCDC heard a final FY24 financial statement from staff showing stronger-than-budget sales tax collections and project timing that pushed much project spending into fiscal 2025.
Chance Miller, presenting the final fiscal year 2024 financial statements, told the McKinney CDC that sales tax receipts for the year totaled $23.8 million, an increase of about 7% year over year and roughly 2% above the adopted budget figure of $23.4 million. Final FY24 revenues…
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