Government
BY SHELBIE HAMILTON
Over $7.1M granted for local projects Over $7.1 million in grant funding from the McKinney Community Development Cor- poration will be invested in parks and other quality-of-life projects across McKinney. The MCDC board awarded the grant funds at an Aug. 22 meeting. The speci cs Some awarded project grants include: • $6.5 million for renovations at Erwin Park and Gabe Nesbitt Community Park • About $110,000 to refresh Downtown McKinney Christmas decorations • About $517,000 to Sanchez Charities for the creation of the Neighbor Hub, a collabora- tive resource center for nonpro t service providers in McKinney
FY 2024 25 general fund breakdown McKinney’s $219.4 million general fund budget pays for the city’s operations by department. The budget includes raises for city employees and 39 new personnel roles.
Transfers: $9.3M Development services: $16.4M Parks and libraries: $20.1M Public works: $20.4M Fire department: $46.9M General government: $49.9M Police department: $56.4M
4%
8%
26%
9%
Total $219.4M
9%
21%
23%
SOURCE: CITY OF MCKINNEY COMMUNITY IMPACT
McKinney leaders adopt new budget, lower tax rate McKinney City Council members unanimously approved the city’s scal year 2024-25 property tax rate and budget at a Sept. 3 meeting. The speci cs valuation. While this is a decrease in the overall rate, property owners may see an increase to taxes paid due to increases in home values. The rate will support the city’s $888 million
budget, including a general fund budget of $219.4 million. The budget and tax rate will go into e ect starting Oct. 1, city documents state.
The council approved a tax rate of $0.415513 per $100 valuation, which is an over $0.01 decrease from the FY 2023-24 rate of $0.427513 per $100
Brew City, Texas drives McKinney craft beer tourism McKinney has been named a “craft beer destina- tion,” according to an Aug. 15 news release, marking
“This designation and partnership underscores McKinney’s commitment to supporting local businesses while inviting visitors to
showcase Texas as a “premier craft beer destina- tion,” its website states. It is facilitated by the Texas Craft Brewers Guild, a statewide nonpro t trade organization. McKinney has two local breweries—Tupps Brewery and Franconia Brewing Company. Union Bear Brewing Co. is also set to open its new location at the corner of Virginia and Church streets later this year, the release states.
the city joining the Brew City, Texas program. The program aims to help cities drive “craft beer tourism,” the release states, supporting local hospitality and manufacturing businesses. The details The program, which launched in March, looks to
experience the unique avors and hospitality our city has to o er.” VISIT MCKINNEY EXECUTIVE DIRECTOR AARON WERNER
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MCKINNEY EDITION
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