McKinney ISD officials predict $7.5M budget shortfall for FY 2026-27

The projected budget predicts the district will generate about $261.7 million in revenue from property taxes, state revenue and federal revenue, per district documents. (Courtesy McKinney ISD)

A financial outlook for McKinney ISD’s fiscal year 2026-27 shows a potential $7.5 million budget shortfall, district officials said.

Budget discussions began ahead of the upcoming fiscal year, with McKinney ISD’s Chief Financial Officer Marlene Harbeson giving a presentation at a March 23 meeting. The budget shortfall is a projection and could change, she said…

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