Sherman City Council Holds First Budget Hearing for Fiscal Year 2027

Budget Overview

The Sherman City Council will conduct a first public hearing on August 17, 2026.

The meeting addresses the adoption of the budget for the fiscal year running from October 1, 2026, to September 30, 2027.

The agenda item outlines appropriations for both operational costs and capital expenditures.

Revenue Projections

The proposed budget increases property tax revenue by $2,711,905 compared to the previous fiscal year.

This figure represents a 7.2 percent increase over last year's budget.

Officials note that $1,774,054 of the total will be collected from new property added to the tax roll this year.

Procedural Details

The charter requires a first public hearing before the budget can be formally adopted.

The agenda includes a savings and repealing clause alongside a severability clause.

The document specifies an effective date and mandates publication of the caption.

References

City Council Meeting (2026-08-17). Retrieved from https://shermantx.portal.civicclerk.com/event/1270