Good weather and strong financial ratings set a positive tone at the recent Visit McKinney board meeting on April 29, 2025. City Manager Paul Grimes announced that McKinney has received reaffirmation of its investment-grade credit ratings from both Standard and Poor's and Moody's, with ratings of 'A' and 'AA' respectively. This achievement marks the highest level of investment grade available and is crucial as the city prepares to issue new debt for upcoming projects.

The meeting began with a brief acknowledgment of the favorable weather, suggesting an optimistic outlook for the week ahead. Following this, the board swiftly approved the minutes from the previous meeting, demonstrating a smooth operational flow.

Grimes emphasized the significance of the credit ratings, noting that they reflect the city's strong financial health and will facilitate funding for various initiatives. This news is expected to bolster confidence among investors and stakeholders as McKinney continues to grow and develop.

As the meeting progressed, the board remained focused on strategic planning and future projects, with the positive financial outlook serving as a foundation for upcoming discussions. The reaffirmed ratings not only enhance McKinney's credibility but also pave the way for continued investment in the community.