In September, McKinney City Council approved the city’s fiscal year 2015-16 budget of $317.1 million.
Interim City Manager Tom Muehlenbeck this year developed a 10-year plan that combines the next 10 budget years with the capital improvements proposed to go before McKinney voters in the Nov. 3 bond election.
For example, Muehlenbeck said if voters approve the $22.5 million public safety facilities proposition on the ballot, future budgets would allow the city to equip and staff the future fire station facilities.
The general fund’s expenditures, which the city uses to pay for a large portion of its expenses, are $116.9 million for the fiscal year, which began Oct. 1 and ends Sept. 30, 2016.
Other large expenditures include the water and wastewater fund, which accounts for about $64.5 million, and the capital projects fund, which accounts for about $37 million.
The FY 2015-16 budget includes 25 additional city staff members.