Property Tax

Property owner's estimated amount of taxes to be imposed on the owner's property may be found in the appraisal district's property tax database.


Adopted Tax Rate for the Fiscal Year Ending September 30, 2024

This year's no-new-revenue tax rate and voter-approval tax rate, and an explanation of how each rate is calculated is on the Notice About 2023 Tax Rates.

The City Council adopted a tax rate of $.508000/$100 on September 5, 2023.

2023 Tax Rate Calculation Worksheet


Adopted Tax Rate for the Fiscal Year Ending September 30, 2023


This year's no-new-revenue tax rate and voter-approval tax rate, and an explanation of how each rate is calculated is on the Notice About 2022 Tax Rates.
The City Council adopted a tax rate of $.469932/$100 on August 15, 2022.





Rates


The property tax rate for the City of Sherman is $0.5080 / $100 of assessed property value as of January 1, 2023. The total rate for most Sherman residents consists of the city’s rate and three other rates:

Taxing EntityTax Rate
City of Sherman0.508000
Sherman ISD1.236500
Grayson County0.305100
Grayson County College0.145991
Total2.195591



 

Tax & Valuations