The McKinney City Council Work Session on August 8, 2025, focused on several key financial discussions, including updates on the city’s budget, water and wastewater rates, and the ongoing development of the McKinney National Airport.

City officials reported that the city has extra funds available, which will be utilized to meet various operational goals. The council emphasized the importance of improving relationships with appointed boards to ensure that these goals are achieved effectively.

The session also covered the city’s five-year Capital Improvement Plan (CIP), which outlines a substantial investment of $2.2 billion across various funds. This plan is crucial for maintaining and enhancing infrastructure, including roads and wastewater systems. The council discussed major projects slated for the next fiscal year, highlighting the importance of aligning operational funding with long-term infrastructure needs.

Water and wastewater rates were another significant topic. The council proposed a 4% increase in water rates and a 5% increase in wastewater rates to maintain the self-sufficiency of these funds. The city has made progress in reducing water loss from 28% to 7% over the past decade, which is seen as a positive development.

Additionally, the council addressed the solid waste fund, noting a proposed increase of 61 cents for residential customers, bringing the total to $20.36 per month. This adjustment is part of a broader strategy to ensure that the city’s waste management services remain effective and financially viable.

The McKinney National Airport was also discussed, with officials outlining a strategy to manage anticipated operational losses over the next few years as the airport ramps up its services. The council plans to reduce transfers from the airport’s operating fund to its construction fund to cover these initial losses, aiming for a break-even point within three to four years.

In conclusion, the meeting underscored the city’s commitment to strategic financial planning and infrastructure development, with a focus on maintaining service quality while managing costs effectively. The council will continue to monitor these initiatives closely in upcoming sessions.