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Sales tax in the City of Sherman is 8.25%. The city's portion of that is 2% and the portion collected and retained by the State of Texas is 6.25%.
City Portion of the Sales Tax Rate
What that Percentage Goes To
Used for general operating purposes
Used for the Sherman Economic Development Corporation (SEDCO). the city's 4A economic development corporation approved in May 1996)
Used in lieu of property tax (half of this rate began in 1996 and the other half in October 2008)
Used for street maintenance (expires March 31, 2020, unless the tax is renewed by voter approval)
Total city portion of the tax rate
Capital Improvement Program
Hotel Occupancy Tax
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