DTX-MCK: Impact 8/20/2026

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Top Story

McKinney officials propose reduced FY 2026-27 city budget to maintain tax rate

McKinney city staff members are proposing some cuts to the proposed fiscal year 2026-27 budget in order to maintain the same property tax rate as last year.

The full story: McKinney City Council members are expected to consider and vote Sept. 1 on the budget and property tax rate, according to a city document. The proposed budget totals $880 million and includes funding for general operations and more.

City staff proposed a property tax rate of $0.417876 per $100 valuation during an Aug. 7 workshop. At the time, council members requested that staff look at ways to maintain last year's lower tax rate of $0.412284 per $100 valuation.

The update: At an Aug. 18 council meeting, Chief Financial Officer Mark Holloway reviewed options to reduce up to $1.2 million in expenses if council members were to approve the same tax rate as last fiscal year.

“We talked about some different things at that session,” Holloway said. “We went back and sharpened our pencils and we came up with some ideas.”

In Your Community

LOYO Burger closes downtown McKinney restaurant

LOYO Burger is now closed in downtown McKinney, according to a social media post from the business.

The context: The restaurant served smash burgers made with wagyu ground beef from Local Yocal Farm to Market.

Diving in deeper: In a Facebook post, restaurant officials thanked friends and family for their support. The post states that Local Yocal is already “looking ahead” and plans to “return to a brand new location in the future.”

216 W. Virginia St., Ste. 102, McKinney

Your Weekend To-Do List

Check out these weekend events across the metro area.

Karaoke at Tupps Brewery

Movie night at Old Celina Park

Aug. 21, 9 p.m.-midnight
McKinney

Aug. 21, 7 p.m.
Celina

More info

Free pet adoptions at Allen Animal Shelter

Local author talk at Talking Animal Books

Aug. 21-23, times vary
Allen

Aug. 22, 10:30 a.m.-noon
Grapevine

More info

To submit your own event, click here.

Across The Region

7 construction updates from Dallas Fort Worth International Airport

The Dallas Fort Worth International Airport Board approved construction projects on Terminals A, C, D, E and F and road work near the Rental Car Center during the Aug. 6 meeting.

The projects are part of the DFW Forward capital plan, according to the airport website.

Terminal A: A reimbursement agreement with American Airlines was approved for $6.5 million for construction of the Terminal A pier ramp space, part of the Central Terminal Area expansion.

According to board documents, the work will include interior reconstruction for offices, ramp-level restrooms, a breakroom and renumbering the north part of Terminal as the north Skylink station.

A filing with the Texas Department of Licensing and Regulation shows the project will encompass 51,000 square feet and has an estimated completion date of Dec. 31, 2028.

Terminals D and E: Vanderlande Industries, Inc., from Marietta, Georgia, will provide operations and maintenance service for Terminal E and a baggage handling control room operation for Terminal D.

The $66.8 million has a five-year term and is set to start in October.

Find out more.

CI Texas

Live updates: ERCOT will complete data center audit in late 2026, officials say

The Texas House State Affairs Committee heard from power grid officials; data center developers and industry representatives; local government officials; cybersecurity experts; and utility companies during an Aug. 19 hearing on the growth of data centers in the state. Dozens of Texas residents also testified about the impact of data centers in their communities.

The details: Pablo Vegas, CEO of the Electric Reliability Council of Texas, said it will take the grid operator several months to audit about 200 gigawatts of data center proposals. ERCOT will request information from all large and medium-sized data centers that are expected to use at least 25 megawatts of electricity.

ERCOT and the Public Utility Commission were ordered on Aug. 3 to audit all data centers seeking to connect to Texas’ power grid. They anticipate completing that audit in late November or early December, Vegas said.

Your local team

Shelbie Hamilton
Editor

Miranda Talley
General Manager

Email [email protected] for story ideas, tips or questions.

Good Morning, McKinney!

Your local team

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