The adopted budget includes a balanced General Fund of approximately $246.5 million to support police, fire and emergency response, streets, parks, libraries, and other essential City services. The City's total budget across all funds is approximately $880 million and includes funding for general operations, water and wastewater services, capital investments, and other City programs and services.

Maintaining the current property tax rate required the City to offset an approximately $2.2 million reduction in projected revenue. To close that gap while preserving core City services, the adopted budget includes approximately $1.2 million in targeted expense reductions and $1 million in additional revenue through a transfer from the McKinney Community Development Corporation.

The targeted reductions include adjustments to departmental operating expenses, capital equipment
replacement funding, and proposed supplemental investments. These adjustments allow the City to maintain the current tax rate without reducing existing core services to residents.

"Residents expect reliable public safety, well-maintained streets and parks, responsive City services, and responsible stewardship of their tax dollars," said City Manager Paul Grimes. "This budget maintains those core services while making the adjustments necessary to keep our General Fund balanced. As McKinney continues to grow, we will remain focused on protecting the services our residents value and the City's long-term financial strength."

The Fiscal Year 2026-27 budget takes effect Oct. 1, 2026.