Government budget and revenue in McKinney, Texas: official figures
McKinney's city government took in $570.14 million in total revenue in the fiscal year ended 30 September 2023, or $2,748 for each of its 207,507 residents (2024 figure in the finance file); per resident that is the 272nd lowest of 582 US cities of 50,000 or more with reported figures in the 2024 Census survey.
How much does McKinney spend and on what?
It spent $560.80 million in the same year, $2,703 per resident, the 290th highest of 582 US cities of 50,000 or more with reported figures in the 2024 Census survey. The largest identified functions were the water utility (15.7%), roads and highways (9.5%) and parks and recreation (9.2%) of the total.
Source: U.S. Census Bureau · saved copyHow much tax does McKinney collect per resident?
Taxes raised $268.68 million ($1,295 per resident, the 201st highest of 582) in the fiscal year ended 30 September 2023, 55.3% of general revenue, compared with 49.3% for all US city governments combined in 2022.
Source: U.S. Census Bureau · saved copyWhat taxes does McKinney rely on?
Of McKinney's tax revenue in the fiscal year ended 30 September 2023, property tax made up 54.8%, general sales tax 33.2%, selective sales taxes (on utilities, fuel, alcohol, tobacco, hotels and others) 5.9%. Across all US city governments in 2022, property tax made up 48.1% and general sales tax 19.8%; McKinney's property tax share is the 284th lowest of 580 US cities of 50,000 or more with reported figures in the 2024 Census survey.
Source: U.S. Census Bureau · saved copyHow much federal and state money does McKinney get?
Payments from other governments made up 7.3% of McKinney's city government's general revenue in the fiscal year ended 30 September 2023: 3.9% from the federal government ($91 per resident), 2.8% from the state and 0.7% from other local governments. For all US city governments in 2022 the aid share was 24.3%.
Source: U.S. Census Bureau · saved copyHow much does McKinney raise from fees and utilities?
Fees and charges for services such as sewerage, trash, parks and airports brought in $98.10 million, 20.2% of general revenue (all US city governments in 2022: 20.0%). Revenue of government-owned utilities (water, electricity, gas or transit) added $84.39 million.
Source: U.S. Census Bureau · saved copyHow much does McKinney spend on police?
McKinney's city government spent $47.41 million on police in the fiscal year ended 30 September 2023, $228 per resident (the 68th lowest of 582) and 8.5% of its total spending; police took 10.3% of spending across all US city governments in 2022.
Source: U.S. Census Bureau · saved copyHow much does McKinney spend on fire protection?
Fire protection cost $45.45 million, $219 per resident, in the fiscal year ended 30 September 2023.
Source: U.S. Census Bureau · saved copyHow much debt does McKinney have?
At the end of the fiscal year ended 30 September 2023, McKinney's city government owed $695.61 million in long-term debt, $3,352 per resident (the 171st highest of 582). During the year it issued $92.45 million of new long-term debt and repaid $52.76 million.
Source: U.S. Census Bureau · saved copyHow much does McKinney pay in interest on its debt?
Interest on debt cost $24.14 million in the fiscal year ended 30 September 2023, 4.3% of total spending.
Source: U.S. Census Bureau · saved copyHow has the McKinney city budget changed?
Between the Census survey years 2022 and 2024 (not adjusted for inflation), total revenue per resident rose 42.3% from $1,931 to $2,748, spending per resident rose 19.8% to $2,703, taxes per resident rose 20.6% to $1,295.
Source: U.S. Census Bureau · saved copyHow McKinney compares with other cities in the United States
City government total revenue per resident, 2022 (Survey year 2022 (fiscal years ended July 2021 to June 2022))
McKinney ranks 508 of 731, highest first. City government only: in many cities schools, transit, water or other services are run by separate governments or the county, so totals are not like-for-like. Per resident figures use the population the Census finance file gives each government. Governments whose figures were mostly imputed by the Census Bureau are left out. The government of Washington, DC, also carries out the functions of a state.
| Rank | City | City government total revenue per resident, 2022 |
|---|---|---|
| 505 | Kokomo | $1,936 |
| 506 | Merced | $1,932 |
| 507 | Bozeman | $1,932 |
| 508 | McKinney | $1,931 |
| 509 | Fulshear | $1,930 |
| 510 | Clovis | $1,928 |
| 511 | Indio | $1,925 |
City government total spending per resident, 2022 (Survey year 2022 (fiscal years ended July 2021 to June 2022))
McKinney ranks 351 of 731, highest first. City government only: in many cities schools, transit, water or other services are run by separate governments or the county, so totals are not like-for-like. Per resident figures use the population the Census finance file gives each government. Governments whose figures were mostly imputed by the Census Bureau are left out. The government of Washington, DC, also carries out the functions of a state.
| Rank | City | City government total spending per resident, 2022 |
|---|---|---|
| 348 | Fullerton | $2,270 |
| 349 | Apex | $2,258 |
| 350 | Muncie | $2,256 |
| 351 | McKinney | $2,255 |
| 352 | Richardson | $2,253 |
| 353 | Oceanside | $2,248 |
| 354 | Bismarck | $2,248 |
City taxes collected per resident, 2022 (Survey year 2022 (fiscal years ended July 2021 to June 2022))
McKinney ranks 295 of 731, highest first. City government only: in many cities schools, transit, water or other services are run by separate governments or the county, so totals are not like-for-like. Per resident figures use the population the Census finance file gives each government. Governments whose figures were mostly imputed by the Census Bureau are left out. The government of Washington, DC, also carries out the functions of a state.
| Rank | City | City taxes collected per resident, 2022 |
|---|---|---|
| 292 | Dubuque | $1,076 |
| 293 | Sioux City | $1,075 |
| 294 | Texas City | $1,075 |
| 295 | McKinney | $1,074 |
| 296 | Louisville/Jefferson County metro government | $1,069 |
| 297 | Fort Myers | $1,068 |
| 298 | Kingsport | $1,066 |
City spending on police per resident, 2022 (Survey year 2022 (fiscal years ended July 2021 to June 2022))
McKinney ranks 677 of 731, highest first. City government only: in many cities schools, transit, water or other services are run by separate governments or the county, so totals are not like-for-like. Per resident figures use the population the Census finance file gives each government. Governments whose figures were mostly imputed by the Census Bureau are left out. The government of Washington, DC, also carries out the functions of a state.
| Rank | City | City spending on police per resident, 2022 |
|---|---|---|
| 674 | South Jordan | $197 |
| 675 | Apple Valley | $196 |
| 676 | Mount Pleasant | $194 |
| 677 | McKinney | $192 |
| 678 | Fargo | $190 |
| 679 | Lakewood | $190 |
| 680 | Fishers | $189 |
City long-term debt outstanding per resident, end of fiscal 2022 (Survey year 2022 (fiscal years ended July 2021 to June 2022))
McKinney ranks 256 of 731, highest first. City government only: in many cities schools, transit, water or other services are run by separate governments or the county, so totals are not like-for-like. Per resident figures use the population the Census finance file gives each government. Governments whose figures were mostly imputed by the Census Bureau are left out. The government of Washington, DC, also carries out the functions of a state.
| Rank | City | City long-term debt outstanding per resident, end of fiscal 2022 |
|---|---|---|
| 253 | Missoula | $2,738 |
| 254 | Greenwood | $2,725 |
| 255 | High Point | $2,701 |
| 256 | McKinney | $2,677 |
| 257 | Lincoln | $2,642 |
| 258 | Tigard | $2,636 |
| 259 | Milwaukee | $2,629 |
Property tax as a share of city tax revenue, 2022 (Survey year 2022 (fiscal years ended July 2021 to June 2022))
McKinney ranks 297 of 730, highest first. City government only: in many cities schools, transit, water or other services are run by separate governments or the county, so totals are not like-for-like. Per resident figures use the population the Census finance file gives each government. Governments whose figures were mostly imputed by the Census Bureau are left out. The government of Washington, DC, also carries out the functions of a state.
| Rank | City | Property tax as a share of city tax revenue, 2022 |
|---|---|---|
| 294 | League City | 57.7% |
| 295 | Bryan | 57.7% |
| 296 | South Jordan | 57.6% |
| 297 | McKinney | 57.5% |
| 298 | Alpharetta | 57.5% |
| 299 | Tampa | 57.4% |
| 300 | Hillsboro | 57.2% |
Federal, state and local aid as a share of city general revenue, 2022 (Survey year 2022 (fiscal years ended July 2021 to June 2022))
McKinney ranks 657 of 730, highest first. City government only: in many cities schools, transit, water or other services are run by separate governments or the county, so totals are not like-for-like. Per resident figures use the population the Census finance file gives each government. Governments whose figures were mostly imputed by the Census Bureau are left out. The government of Washington, DC, also carries out the functions of a state.
| Rank | City | Federal, state and local aid as a share of city general revenue, 2022 |
|---|---|---|
| 654 | Lakeville | 7.4% |
| 655 | Perris | 7.4% |
| 656 | Centennial | 7.3% |
| 657 | McKinney | 7.3% |
| 658 | Rocklin | 7.2% |
| 659 | St. Louis | 7.2% |
| 660 | South San Francisco | 7.2% |
City government total revenue per resident, 2024 (Survey year 2024 (fiscal years ended July 2023 to June 2024))
McKinney ranks 311 of 582, highest first. City government only: in many cities schools, transit, water or other services are run by separate governments or the county, so totals are not like-for-like. Per resident figures use the population the Census finance file gives each government. Governments whose figures were mostly imputed by the Census Bureau are left out. The government of Washington, DC, also carries out the functions of a state.
| Rank | City | City government total revenue per resident, 2024 |
|---|---|---|
| 308 | Thornton | $2,758 |
| 309 | Bloomington | $2,758 |
| 310 | Parker | $2,756 |
| 311 | McKinney | $2,748 |
| 312 | Clarksville | $2,744 |
| 313 | Rockford | $2,733 |
| 314 | La Crosse | $2,730 |
City government total spending per resident, 2024 (Survey year 2024 (fiscal years ended July 2023 to June 2024))
McKinney ranks 290 of 582, highest first. City government only: in many cities schools, transit, water or other services are run by separate governments or the county, so totals are not like-for-like. Per resident figures use the population the Census finance file gives each government. Governments whose figures were mostly imputed by the Census Bureau are left out. The government of Washington, DC, also carries out the functions of a state.
| Rank | City | City government total spending per resident, 2024 |
|---|---|---|
| 287 | Whittier | $2,711 |
| 288 | Bloomington | $2,706 |
| 289 | Raleigh | $2,704 |
| 290 | McKinney | $2,703 |
| 291 | Newark | $2,702 |
| 292 | Downers Grove | $2,701 |
| 293 | Perth Amboy | $2,685 |
City taxes collected per resident, 2024 (Survey year 2024 (fiscal years ended July 2023 to June 2024))
McKinney ranks 201 of 582, highest first. City government only: in many cities schools, transit, water or other services are run by separate governments or the county, so totals are not like-for-like. Per resident figures use the population the Census finance file gives each government. Governments whose figures were mostly imputed by the Census Bureau are left out. The government of Washington, DC, also carries out the functions of a state.
| Rank | City | City taxes collected per resident, 2024 |
|---|---|---|
| 198 | Carson City | $1,299 |
| 199 | Des Moines | $1,298 |
| 200 | Bloomington | $1,297 |
| 201 | McKinney | $1,295 |
| 202 | Savannah | $1,294 |
| 203 | Sherman | $1,291 |
| 204 | Fremont | $1,278 |
City spending on police per resident, 2024 (Survey year 2024 (fiscal years ended July 2023 to June 2024))
McKinney ranks 515 of 582, highest first. City government only: in many cities schools, transit, water or other services are run by separate governments or the county, so totals are not like-for-like. Per resident figures use the population the Census finance file gives each government. Governments whose figures were mostly imputed by the Census Bureau are left out. The government of Washington, DC, also carries out the functions of a state.
| Rank | City | City spending on police per resident, 2024 |
|---|---|---|
| 512 | Auburn | $231 |
| 513 | Bethlehem | $230 |
| 514 | O'Fallon | $229 |
| 515 | McKinney | $228 |
| 516 | Enid | $228 |
| 517 | St. Clair Shores | $227 |
| 518 | Grand Forks | $226 |
City long-term debt outstanding per resident, end of fiscal 2024 (Survey year 2024 (fiscal years ended July 2023 to June 2024))
McKinney ranks 171 of 582, highest first. City government only: in many cities schools, transit, water or other services are run by separate governments or the county, so totals are not like-for-like. Per resident figures use the population the Census finance file gives each government. Governments whose figures were mostly imputed by the Census Bureau are left out. The government of Washington, DC, also carries out the functions of a state.
| Rank | City | City long-term debt outstanding per resident, end of fiscal 2024 |
|---|---|---|
| 168 | Gilbert | $3,417 |
| 169 | Lake Havasu City | $3,401 |
| 170 | Skokie | $3,361 |
| 171 | McKinney | $3,352 |
| 172 | Hartford | $3,346 |
| 173 | Raleigh | $3,303 |
| 174 | Flagstaff | $3,285 |
Property tax as a share of city tax revenue, 2024 (Survey year 2024 (fiscal years ended July 2023 to June 2024))
McKinney ranks 297 of 580, highest first. City government only: in many cities schools, transit, water or other services are run by separate governments or the county, so totals are not like-for-like. Per resident figures use the population the Census finance file gives each government. Governments whose figures were mostly imputed by the Census Bureau are left out. The government of Washington, DC, also carries out the functions of a state.
| Rank | City | Property tax as a share of city tax revenue, 2024 |
|---|---|---|
| 294 | Huntersville | 55.1% |
| 295 | Collierville | 55.0% |
| 296 | North Richland Hills | 55.0% |
| 297 | McKinney | 54.8% |
| 298 | Reno | 54.7% |
| 299 | Aurora | 54.1% |
| 300 | Clearwater | 53.6% |
Federal, state and local aid as a share of city general revenue, 2024 (Survey year 2024 (fiscal years ended July 2023 to June 2024))
McKinney ranks 531 of 582, highest first. City government only: in many cities schools, transit, water or other services are run by separate governments or the county, so totals are not like-for-like. Per resident figures use the population the Census finance file gives each government. Governments whose figures were mostly imputed by the Census Bureau are left out. The government of Washington, DC, also carries out the functions of a state.
| Rank | City | Federal, state and local aid as a share of city general revenue, 2024 |
|---|---|---|
| 528 | Auburn | 7.4% |
| 529 | Sherman | 7.4% |
| 530 | Corpus Christi | 7.4% |
| 531 | McKinney | 7.3% |
| 532 | Hempstead | 7.3% |
| 533 | Denton | 7.3% |
| 534 | Santa Barbara | 7.2% |
More on McKinney: overview · economy and jobs · health · education and schools · poverty and living standards · all cities in the United States
Sources
- U.S. Census Bureau: 2024 Annual Survey of State and Local Government Finances, individual unit files (item amounts for every sampled government, directory with population and fiscal year end, state estimates by type of government), read 23 October 2026 · saved copy (SHA-256 0967c4d30466…)
- U.S. Census Bureau: 2022 Census of Governments: State and Local Government Finances, individual unit files (item amounts for every government, directory with population and fiscal year end, state estimates by type of government), read 23 October 2026 · saved copy (SHA-256 c8de889f6b33…)
Each saved copy is the file exactly as downloaded, kept so the figures can be checked even if the source changes. Report an error.