Traditional Finances

Traditional Finances

We’ve been awarded five stars by the Texas Comptroller’s Transparency Star program.

  • Budgetary reports
  • Audited financial reports
  • Interactive reports
  • Investments
  • Financial policies
  • Payroll data


Most Recent Financial Information

The following financial summary data is from the government-wide Statement of Activities in the city’s Comprehensive Annual Financial Report (CAFR). The government-wide Statement of Activities reports the results of the city’s operations on an accrual basis of accounting. Revenues are recognized when earned, and expenses are recognized at the time the liability is incurred.


The per capita figures are based on the city’s 2019 estimated population of 187,802.



Fiscal Year 2019Per Capita
Revenues & Transfers

Governmental Activities:

Program Revenues$66,375,457$353.43
Property Taxes116,385,145619.72
Sales Taxes30,724,015163.60
Franchise Taxes16,056,90185.50
Other Revenues(6,268,303)(33.28)
Transfers4,426,81423.57
Total Governmental Activities$227,700,.029$1,266.38
Business-Type Activities:

Program Revenues$133,160,697$709.05
Other Revenues 6,134,26632.66
Transfers(4,426,814)(23.57)
Total Business-Type Activities$34,868,149$718.14
Total Government-Wide Revenues$362,568,178$1,931
Expenses

Governmental Activities$207,737,410$1,106.15
Business-Type Activities114,469,642    609.52
Total Expenses$322,207,052 $1,715.67
Total Government-Wide Expenses$322,207,052 $1,715.67
Change in Net Position$40,361,126   $214.91
Total Full-Time Equivalent Positions1,254


Downloadable Data

Rev Exp Per Capita
Business Type Activites Rev Exp
Property Tax

Finance Department

The Finance Department is committed to building public trust through sound financial management and innovative and effective business decisions while protecting the city’s assets, ensuring compliance with federal, state and local laws and regulations. The previous Comprehensive Annual Financial Reports along with the current and three previous years of check registers are listed below for your convenience.



Budget Department

The Budget Department of the City of McKinney services the institution’s strategic priorities through budget development that is aligned with the Mayor and Council’s priorities as reflected by the democratic process of a representative government. The previously-adopted budgets along with our latest budget worksheet are listed below for your convenience.