CITY & SCHOOLS
News from McKinney & McKinney ISD
HIGHLIGHT MCKINNEY ISD The district’s long-term transportation provider, Durham School Services, will continue to provide services to MISD following action from the board of trustees June 28. Durham School Services provides buses for MISD and manages the district’s regular routes as well as special education routes to transport more than 10,000 students. MISD is in the process of purchasing its own fleet of buses, and district staff said Durham has done an “amazing job” working with MISD through this transition. McKinney City Council Meets at 6 p.m. July 19 and Aug. 2 at McKinney City Hall, 222 N. Tennessee St., McKinney www.mckinneytexas.org Collin County Commissioners Court Meets at 1:30 p.m. July 18, 25; Aug. 1, 8, 15 at the Jack Hatchell Administration Building, 2300 Bloomdale Road, McKinney www.collincountytx.gov McKinney ISD board of trustees Meets at 6 p.m. Aug. 23 at MISD Stadium, 4201 S. Hardin Blvd., McKinney | www.mckinneyisd.net MEETINGS WE COVER
Tax exemption increased
HOMESTEAD EXEMPTIONS IN MCKINNEY As home values increase, the city has worked to also increase its homestead exemptions at the same rate.
BY GRANT JOHNSON
Average home value
Age 65+ or disabled homestead exemption
MCKINNEY City Council agreed to increase the residential homestead exemption from $65,000 to $80,000 for residents age 65 and older as well as disabled individuals during a June 21 council meeting. According to a presentation by Chief Financial Officer Mark Holloway, for every $5,000 increase in the homestead exemption, eligible homeowners will pay $25 less in taxes at the fiscal year 2021-22 tax rate, and noneligible homeowners will pay $2.80 more in taxes given the fiscal year 2021-22 tax rate. The city’s tax rate is $0.497655 per $100 valuation. The exemption will go into effect on Oct. 1 for fiscal year 2022-23. The last homestead exemption increase occurred in 2018 from $60,000 to $65,000 for the 2018-19 fiscal year.
0 $100K $200K $300K $400K $500K
SOURCE: CITY OF MCKINNEY/COMMUNITY IMPACT NEWSPAPER
Officials break ground on new elementary school
Heritage Farm, land that has been in the Frazier family for over 150 years. Ruth and Harold Frazier were both McKinney ISD educators and committed to investing in young people in the community of McKinney throughout their lives. The school is slated for completion in June 2023.
BY SARA RODIA
MCKINNEY ISD Officials broke ground on Ruth and Harold Frazier Elementary School on June 22, according to a news release. The project for the district’s newest ele- mentary school in Trinity Falls is funded by the 2021 bond program for about $35 million. The school is being built on part of
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MCKINNEY EDITION • JULY 2022
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