A financial projection for fiscal year 2026-27 shows slowing growth in property tax values for homes within McKinney ISD, which could result in a larger budget shortfall for the district.

The district received preliminary property tax value estimations from the Collin Central Appraisal District, McKinney ISD’s Chief Financial Officer Marlene Harbeson said during a presentation at an April 20 meeting.

A closer look: Local property taxes are a significant source of revenue for the district, according to district documents. The tax rate in the adopted 2025-26 budget is set at $1.1043 per $100 valuation with the average single-family home in the district being valued at $575,734 as of a March 23 presentation, per district documents. When predicting the district’s revenue for fiscal year 2026-27, Harbeson predicted a 4% increase in property tax values.

“I had originally projected 4% and it looks like it’s going to be closer to 2.75%, the lowest we’ve had in the 10 years I’ve been here,” she said.

Burlington is opening soon in McKinney, a representative of the company confirmed.

The gist: Burlington is a New Jersey-based department store that offers clothing, accessories and home goods, according to the company’s website.

The context: The McKinney store will fill a space that previously housed Joann’s, which closed in 2025.

• 2050 W. University Drive, Ste. 250, McKinney

A new $61 million, 120,000-square-foot materials recovery facility debuted in Frisco in April.

What you need to know: The Circular Services facility will serve the Dallas-Fort Worth metroplex including Frisco as well as McKinney, a news release states. Circular Services is McKinney’s recycling processing services provider. A ribbon-cutting ceremony was held for the facility April 16 and was attended by Circular Services officials, McKinney Mayor Bill Cox, Frisco Assistant Director of Public Works Jeremy Starritt and more.

The details: The facility is located on PGA Parkway, just east of the Dallas North Tollway, in Frisco. Officials broke ground on the facility in March 2025. Single-stream recyclables from residents and businesses are processed at the facility.

Quote of note: “This project has been more than a decade in the making,” Circular Services President Joaquin Mariel said in the release. “With roots in Dallas since the ‘90s, we remain committed to advancing North Texas’ circular economy.”

• 8301 PGA Parkway, Frisco

The overview: Texans are expected to save millions in sales taxes on emergency supplies—everything from tarps to generators—during an annual tax holiday April 25-27.

How it works: The sales tax holiday begins at 12:01 a.m. April 24 and lasts until midnight April 27.

Texans are expected to save about $2.4 million in state and local taxes, according to the comptroller’s office. Last year, Texans saved about $2.3 million, agency spokesperson Kevin Lyons said.

According to the comptroller’s office, items qualify for the tax exemption if they are priced at:

• Less than $75 for items including household batteries, fuel containers, flashlights, smoke detectors, tarps and first aid kits
• Less than $300 for hurricane shutters and emergency ladders
• Less than $3,000 for portable generators