The McKinney Community Development Corporation (MCDC) is reported as a Discretely Presented Component Unit of the City of McKinney. Below are links to the City financial reports which contain the financial statements for MCDC. There are no separately-issued financial statements for the MCDC.
The 84th Legislature passed HB 1378 to increase the transparency of local government debt. Local political subdivisions, including counties, cities, school districts, junior college districts, special purpose districts and other subdivisions of state government must annually compile their debt obligation data from the preceding fiscal year.