The McKinney City Council Work Session held on August 8, 2025, focused on the budgetary allocations for the Community Development Corporation (CDC) and its planned expenditures for the upcoming fiscal year.
The meeting began with a presentation detailing the CDC's revenue, which is projected at $25.4 million, primarily derived from a 1% allocation of the sales tax. This revenue is earmarked for various quality of life projects, with a significant emphasis on parks and recreational facilities.
The proposed budget for the CDC for the fiscal year 2026 stands at $27 million. Notably, there are no changes in staffing levels, maintaining the current three staff members for the organization.
The discussions highlighted the importance of these budgetary decisions in enhancing community amenities and ensuring the continued development of public spaces in McKinney. The council is expected to review these proposals further in upcoming sessions, with a focus on maximizing the impact of the allocated funds on the community's quality of life.