What is the McKinney Community Development Corporation?
The MCDC is a 4B sales tax corporation approved by voters at an election in 1996, and created by the McKinney City Council and residents who recognized the need to set aside money to enhance McKinney's aesthetic, cultural and leisure amenities. The MCDC is responsible for promoting and funding community facilities and related projects throughout the city.
Who funds the MCDC? What does it cost taxpayers?
The MCDC is funded by a half-cent sales tax imposed on the sale of items in the City of McKinney.
Who is in the MCDC?
McKinney residents appointed by the city council serve as the Board of Directors. MCDC also has full-time staff.
Who holds the MCDC accountable?
MCDC is accountable to the McKinney City Council, and thus ultimately accountable to the residents of McKinney.
Does the MCDC consider resident input in decision-making?
Yes! The MCDC is made up of concerned residents like you. Any McKinney resident may submit suggestions to any member of the MCDC. We're always eager to hear from interested citizens.
How do eligible organizations apply for funding?
Come by the MCDC offices at 321 N. Central Expressway, Suite 240, call 214-544-0296 to have an application faxed to you, or go to our website at http://www.mckinneycdc.org.
What sorts of projects does the MCDC fund? How are they chosen?
The MCDC funds community facilities and related projects that will increase the quality of life in McKinney through aesthetic, leisure or cultural means. The MCDC is restricted by state law (Development Corporation Act, 1979, and the Texas Constitution) as to what type of projects it can fund. Projects that meet those guidelines are voted on by the MCDC Board of Directors. If the project exceeds $100,000, both the Board and the city council are required to hold a public hearing.
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