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- McKinney National Airport
The City of McKinney has owned the airport since it opened in 1979. The city purchased the Fixed Base Operations (FBO) and its facilities in November 2013 from a private developer. Prior to the acquisition of the FBO and its facilities, the City of McKinney owned 745 acres of dedicated airport land and received revenue only from land leases and fuel flowage fees. These revenues were not sufficient to cover the city’s operating expenditures, and the general fund was used to offset the difference at a cost of $600,000 - $800,000 annually.
The FBO that is called McKinney Air Center is the custodian of the airport. It is a business operated by the city that offers fueling, aircraft housing (temporary or permanent), light mechanical and any other special requests that may be needed. The facilities of McKinney Air Center consist of: 93 T-Hangars, which are leased to small engine and twin engine aircraft:
The Airport is an economic engine for McKinney and vital to the economic health of the city.
According to the 2011 Economic Impact Study by the University of North Texas for the Texas Department of Transportation the airport generates:
From 2003 - 2014 the Airport generated more than $26,962,772 in combined revenue from ad valorem taxes to the City of McKinney, McKinney ISD, Collin County and Collin College.