AAA ratings from Moody's and Standard & Poor's
We received the highest ratings issued from two major credit rating agencies for general obligation (GO) bonds.
The city earned a rating of Aaa from Moody’s and AAA from Standard & Poor’s.
Government Finance Officers Association (GFOA)
Distinguished Budget Presentation Award - our budget documents received a proficient rating in four nationally recognized guidelines and the fourteen mandatory criteria which include a policy document, financial plan, operations guide, and a communications device. Finance staff has earned this award for more than 30 consecutive years.
The City of McKinney is the first city and government entity in the state to receive all five transparency stars from the Texas Comptroller’s program recognizing local government entities that provide easy online access to important financial data. McKinney earned stars in the areas of Traditional Finances, Contracts and Procurement, Economic Development, Public Pensions and Debt Obligations.