Title
Consider/Discuss/Act on an Ordinance Amending the Fiscal Year 2026-2027 Annual Budget and Amending the 2027-2031 Capital Improvements Program to Provide Funds for the Regional Sports Facility Project (PK2344)
Summary
COUNCIL GOAL: Enhance the Quality of Life in McKinney
5.1: Create affordable recreational and cultural arts activities for all ages throughout the city.
5.3: Develop sustainable quality of life improvements within the City of McKinney
5.5: Enhance connectivity to parks & civic facilities, schools/education centers, libraries, health care providers, commercial corridors, etc.
MEETING DATE: October 20, 2026
DEPARTMENT: Parks and Recreation
CONTACT: Amy Kinkade, Director of Parks and Recreation
RECOMMENDED CITY COUNCIL ACTION:
• Approval of Ordinance.
ITEM SUMMARY:
• This ordinance amends the FY2026-2027 Annual Budget and the 2027-2031 Capital Improvements Program by appropriating $500,000 from the Parks Construction Fund and $500,000 from a developer contribution to the Regional Sports Facility Project (PK2344).
BACKGROUND INFORMATION:
• This amendment will provide funds for Parkhill, Smith & Cooper, Inc. to begin the planning, designing and preparing for the development of the 300-acre regional sports park.
• The corresponding MOU with Parkhill & HD Sports & Entertainment and the preliminary design contract with Parkhill are both recommended for approval in separate items on this same agenda.
FINANCIAL SUMMARY:
• The budget shall be amended by appropriating $500,000 from the Park Construction Fund balance and $500,000 from a developer contribution to the Capital Improvement Program for the Regional Sports Facility project (PK2344).
• Upon approval of this item, $1,168,966 will be available in PK2344.
BOARD OR COMMISSION RECOMMENDATION:
• The Parks & Recreation Board was briefed on this item October 8, 2026.