Property Tax

Adopted Tax Rate for the Fiscal Year Ending September 30, 2022


This year's no-new-revenue tax rate and voter-approval tax, and an explanation of how each rate is calculated is on the Notice About 2021 Tax Rates.
The City Council adopted a tax rate of $.489000/$100 on August 16, 2021.


Adopted

Tax Rate for the Fiscal Year Ending September 30, 2021


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

Rates


The property tax rate for the City of Sherman is $0.4890 / $100 of assessed property value as of January 1, 2021. 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 1.469700
Grayson County 0.376700
Grayson County College 0.171067
Total 2.506467



Tax & Valuations