McKINNEY (WBAP/KLIF) – McKinney City Manager Paul Grimes proposed a $405.5 million total budget for Fiscal Year 2018 that would result in over a 3-cent reduction in the city’s property tax rate. The budget, which includes more than $137 million in the general fund, would lower the city’s property tax rate from 0.57 to 0.54. The proposed rate means property owners would pay $0.54 for every $100 of assessed property value. The rate reduction…… MORE
