Property Tax

​Proposed Tax Rate for the Fiscal Year Ending September 30, 2021


The  Notice of Tax Rates provides information about the no-new-revenue tax rate and the voter-approval tax rate.

The Notice of Public Hearing on Tax Increase provides information about the proposed tax rate, taxable value and the tax levy.

Adopted Tax Rate for  Fiscal Year Ending September 30, 2020
THE CITY OF SHERMAN ADOPTED A TAX RATE THAT WILL RAISE MORE TAXES FOR MAINTENANCE AND OPERATIONS THAN LAST YEAR'S TAX RATE.  THE TAX RATE WILL EFFECTIVELY BE RAISED BY 24 PERCENT AND WILL RAISE TAXES FOR MAINTENANCE AND OPERATIONS ON A $100,000 HOME BY APPROXIMATELY $94.39

Rates


The property tax rate for the City of Sherman is $0.4890 / $100 of assessed property value as of January 1, 2019. The total rate for most Sherman residents consists of the city’s rate and three other rates:
Taxing Entity Tax Rate
City of Sherman 0.489000
Sherman ISD 1.547300
Grayson County 0.416429
Grayson County College 0.171752
Total 2.62448



Tax & Valuations