McKinney Economic Development Corporation

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MEDC Board of Directors
MEDC Ex-Officio Members
MEDC Staff

The fastest growing city in the country is expanding with a diversified economic mix that will stand the test of time. McKinney's economic diversity and success come from careful planning and leaders willing to roll up their sleeves to work side by side with new and existing businesses.

For over 10 years, the McKinney Economic Development Corporationhas worked to grow McKinney's economy. We assist in the creation of more than 7,000 new jobs, recruited over 45 new corporations and increased the regional economy by $3.6 billion. In 2004, McKinney was awarded the Community Economic Development Award (CEDA) by the Texas Economic Development Council.

As the economy grows and the Metroplex continues its northward expansion, McKinney stands at both the right time and the right place to capture tremendous economic growth.

The McKinney Economic Development Corporation was formed in May 1993 following a January 1993 referendum by the voters of McKinney which permits the Corporation to receive funds from a half-cent sales tax collected for economic development. MEDC began accumulating sales tax receipts effective July 1, 1993 and receives approximately $3 million annually.

Funds received by MEDC are used to promote the economic growth of McKinney and give the Corporation flexibility to assist companies with infrastructure, training, and other items of key importance to the company and the community.

The MEDC Board is comprised of five voting members and two ex-officio members (City and MISD) and is professionally staffed by three economic development professionals and an administrative assistant. The mission of the MEDC states:

"The McKinney Economic Development Corporation will lead, direct and coordinate the broad-based expansion of the business tax base and promote sustainable job growth; thereby continuously enhancing the quality of life for the citizens of the McKinney Area."