Government budget and revenue in Sherman, Texas: official figures
Sherman's city government took in $121.25 million in total revenue in the fiscal year ended 30 September 2023, or $2,679 for each of its 45,264 residents (2024 figure in the finance file); per resident that is the 253rd lowest of 582 US cities of 50,000 or more with reported figures in the 2024 Census survey.
How much does Sherman spend and on what?
It spent $112.66 million in the same year, $2,489 per resident, the 247th lowest of 582 US cities of 50,000 or more with reported figures in the 2024 Census survey. The largest identified functions were police (20.3%), fire protection (14.1%) and roads and highways (11.3%) of the total.
Source: U.S. Census Bureau · saved copyHow much tax does Sherman collect per resident?
Taxes raised $58.42 million ($1,291 per resident, the 203rd highest of 582) in the fiscal year ended 30 September 2023, 57.6% of general revenue, compared with 49.3% for all US city governments combined in 2022.
Source: U.S. Census Bureau · saved copyWhat taxes does Sherman rely on?
Of Sherman's tax revenue in the fiscal year ended 30 September 2023, property tax made up 37.9%, general sales tax 50.6%, selective sales taxes (on utilities, fuel, alcohol, tobacco, hotels and others) 6.6%. Across all US city governments in 2022, property tax made up 48.1% and general sales tax 19.8%; Sherman's property tax share is the 176th lowest of 580 US cities of 50,000 or more with reported figures in the 2024 Census survey.
Source: U.S. Census Bureau · saved copyHow much federal and state money does Sherman get?
Payments from other governments made up 7.4% of Sherman's city government's general revenue in the fiscal year ended 30 September 2023: 3.1% from the federal government ($70 per resident), 1.3% from the state and 2.9% from other local governments. For all US city governments in 2022 the aid share was 24.3%.
Source: U.S. Census Bureau · saved copyHow much does Sherman raise from fees and utilities?
Fees and charges for services such as sewerage, trash, parks and airports brought in $24.22 million, 23.9% of general revenue (all US city governments in 2022: 20.0%). Revenue of government-owned utilities (water, electricity, gas or transit) added $19.88 million.
Source: U.S. Census Bureau · saved copyHow much does Sherman spend on police?
Sherman's city government spent $22.86 million on police in the fiscal year ended 30 September 2023, $505 per resident (the 112th highest of 582) and 20.3% of its total spending; police took 10.3% of spending across all US city governments in 2022.
Source: U.S. Census Bureau · saved copyHow much does Sherman spend on fire protection?
Fire protection cost $15.86 million, $350 per resident, in the fiscal year ended 30 September 2023.
Source: U.S. Census Bureau · saved copyHow much debt does Sherman have?
At the end of the fiscal year ended 30 September 2023, Sherman's city government owed $172.08 million in long-term debt, $3,802 per resident (the 140th highest of 582). During the year it issued $76.73 million of new long-term debt and repaid $6.02 million.
Source: U.S. Census Bureau · saved copyHow much does Sherman pay in interest on its debt?
Interest on debt cost $10.27 million in the fiscal year ended 30 September 2023, 9.1% of total spending.
Source: U.S. Census Bureau · saved copyHow has the Sherman city budget changed?
Between the Census survey years 2022 and 2024 (not adjusted for inflation), total revenue per resident rose 37.5% from $1,949 to $2,679, spending per resident rose 39.4% to $2,489, taxes per resident rose 31.7% to $1,291.
Source: U.S. Census Bureau · saved copyHow Sherman compares with other cities in the United States
City government total revenue per resident, 2022 (Survey year 2022 (fiscal years ended July 2021 to June 2022))
Sherman ranks 499 of 731, highest first. City government only: in many cities schools, transit, water or other services are run by separate governments or the county, so totals are not like-for-like. Per resident figures use the population the Census finance file gives each government. Governments whose figures were mostly imputed by the Census Bureau are left out. The government of Washington, DC, also carries out the functions of a state.
| Rank | City | City government total revenue per resident, 2022 |
|---|---|---|
| 496 | Berwyn | $1,952 |
| 497 | Elgin | $1,950 |
| 498 | Shoreline | $1,950 |
| 499 | Sherman | $1,949 |
| 500 | Minnetonka | $1,946 |
| 501 | Apopka | $1,944 |
| 502 | Rancho Cordova | $1,943 |
City government total spending per resident, 2022 (Survey year 2022 (fiscal years ended July 2021 to June 2022))
Sherman ranks 496 of 731, highest first. City government only: in many cities schools, transit, water or other services are run by separate governments or the county, so totals are not like-for-like. Per resident figures use the population the Census finance file gives each government. Governments whose figures were mostly imputed by the Census Bureau are left out. The government of Washington, DC, also carries out the functions of a state.
| Rank | City | City government total spending per resident, 2022 |
|---|---|---|
| 493 | Normal | $1,791 |
| 494 | Coral Springs | $1,787 |
| 495 | Westfield | $1,787 |
| 496 | Sherman | $1,786 |
| 497 | Marysville | $1,782 |
| 498 | Lake Elsinore | $1,782 |
| 499 | Lancaster | $1,775 |
City taxes collected per resident, 2022 (Survey year 2022 (fiscal years ended July 2021 to June 2022))
Sherman ranks 344 of 731, highest first. City government only: in many cities schools, transit, water or other services are run by separate governments or the county, so totals are not like-for-like. Per resident figures use the population the Census finance file gives each government. Governments whose figures were mostly imputed by the Census Bureau are left out. The government of Washington, DC, also carries out the functions of a state.
| Rank | City | City taxes collected per resident, 2022 |
|---|---|---|
| 341 | Moore | $984 |
| 342 | San Clemente | $982 |
| 343 | National City | $980 |
| 344 | Sherman | $980 |
| 345 | Riverside | $979 |
| 346 | Bend | $979 |
| 347 | Alhambra | $979 |
City spending on police per resident, 2022 (Survey year 2022 (fiscal years ended July 2021 to June 2022))
Sherman ranks 457 of 731, highest first. City government only: in many cities schools, transit, water or other services are run by separate governments or the county, so totals are not like-for-like. Per resident figures use the population the Census finance file gives each government. Governments whose figures were mostly imputed by the Census Bureau are left out. The government of Washington, DC, also carries out the functions of a state.
| Rank | City | City spending on police per resident, 2022 |
|---|---|---|
| 454 | Decatur | $283 |
| 455 | Kennewick | $283 |
| 456 | Beaumont | $282 |
| 457 | Sherman | $282 |
| 458 | Fayetteville | $282 |
| 459 | Parker | $281 |
| 460 | Eagan | $281 |
City long-term debt outstanding per resident, end of fiscal 2022 (Survey year 2022 (fiscal years ended July 2021 to June 2022))
Sherman ranks 128 of 731, highest first. City government only: in many cities schools, transit, water or other services are run by separate governments or the county, so totals are not like-for-like. Per resident figures use the population the Census finance file gives each government. Governments whose figures were mostly imputed by the Census Bureau are left out. The government of Washington, DC, also carries out the functions of a state.
| Rank | City | City long-term debt outstanding per resident, end of fiscal 2022 |
|---|---|---|
| 125 | Dubuque | $4,177 |
| 126 | Palm Desert | $4,158 |
| 127 | Providence | $4,092 |
| 128 | Sherman | $4,076 |
| 129 | Edmond | $4,064 |
| 130 | Hartford | $4,029 |
| 131 | Enid | $4,022 |
Property tax as a share of city tax revenue, 2022 (Survey year 2022 (fiscal years ended July 2021 to June 2022))
Sherman ranks 439 of 730, highest first. City government only: in many cities schools, transit, water or other services are run by separate governments or the county, so totals are not like-for-like. Per resident figures use the population the Census finance file gives each government. Governments whose figures were mostly imputed by the Census Bureau are left out. The government of Washington, DC, also carries out the functions of a state.
| Rank | City | Property tax as a share of city tax revenue, 2022 |
|---|---|---|
| 436 | La Habra | 41.0% |
| 437 | Joliet | 40.9% |
| 438 | Berkeley | 40.8% |
| 439 | Sherman | 40.7% |
| 440 | Peoria | 40.7% |
| 441 | West Jordan | 40.6% |
| 442 | Hesperia | 40.5% |
Federal, state and local aid as a share of city general revenue, 2022 (Survey year 2022 (fiscal years ended July 2021 to June 2022))
Sherman ranks 698 of 730, highest first. City government only: in many cities schools, transit, water or other services are run by separate governments or the county, so totals are not like-for-like. Per resident figures use the population the Census finance file gives each government. Governments whose figures were mostly imputed by the Census Bureau are left out. The government of Washington, DC, also carries out the functions of a state.
| Rank | City | Federal, state and local aid as a share of city general revenue, 2022 |
|---|---|---|
| 695 | Lehi | 5.4% |
| 696 | Brentwood | 5.4% |
| 697 | Alameda | 5.3% |
| 698 | Sherman | 5.0% |
| 699 | Palm Desert | 5.0% |
| 700 | Edina | 4.9% |
| 701 | Manteca | 4.9% |
City government total revenue per resident, 2024 (Survey year 2024 (fiscal years ended July 2023 to June 2024))
Sherman ranks 330 of 582, highest first. City government only: in many cities schools, transit, water or other services are run by separate governments or the county, so totals are not like-for-like. Per resident figures use the population the Census finance file gives each government. Governments whose figures were mostly imputed by the Census Bureau are left out. The government of Washington, DC, also carries out the functions of a state.
| Rank | City | City government total revenue per resident, 2024 |
|---|---|---|
| 327 | Carmel | $2,689 |
| 328 | Smyrna | $2,688 |
| 329 | Davenport | $2,680 |
| 330 | Sherman | $2,679 |
| 331 | Bothell | $2,677 |
| 332 | Irving | $2,658 |
| 333 | Commerce City | $2,652 |
City government total spending per resident, 2024 (Survey year 2024 (fiscal years ended July 2023 to June 2024))
Sherman ranks 336 of 582, highest first. City government only: in many cities schools, transit, water or other services are run by separate governments or the county, so totals are not like-for-like. Per resident figures use the population the Census finance file gives each government. Governments whose figures were mostly imputed by the Census Bureau are left out. The government of Washington, DC, also carries out the functions of a state.
| Rank | City | City government total spending per resident, 2024 |
|---|---|---|
| 333 | Maricopa | $2,505 |
| 334 | El Paso | $2,498 |
| 335 | Middletown | $2,496 |
| 336 | Sherman | $2,489 |
| 337 | Tigard | $2,489 |
| 338 | Casper | $2,483 |
| 339 | Peoria | $2,482 |
City taxes collected per resident, 2024 (Survey year 2024 (fiscal years ended July 2023 to June 2024))
Sherman ranks 203 of 582, highest first. City government only: in many cities schools, transit, water or other services are run by separate governments or the county, so totals are not like-for-like. Per resident figures use the population the Census finance file gives each government. Governments whose figures were mostly imputed by the Census Bureau are left out. The government of Washington, DC, also carries out the functions of a state.
| Rank | City | City taxes collected per resident, 2024 |
|---|---|---|
| 200 | Bloomington | $1,297 |
| 201 | McKinney | $1,295 |
| 202 | Savannah | $1,294 |
| 203 | Sherman | $1,291 |
| 204 | Fremont | $1,278 |
| 205 | Amarillo | $1,277 |
| 206 | Topeka | $1,274 |
City spending on police per resident, 2024 (Survey year 2024 (fiscal years ended July 2023 to June 2024))
Sherman ranks 112 of 582, highest first. City government only: in many cities schools, transit, water or other services are run by separate governments or the county, so totals are not like-for-like. Per resident figures use the population the Census finance file gives each government. Governments whose figures were mostly imputed by the Census Bureau are left out. The government of Washington, DC, also carries out the functions of a state.
| Rank | City | City spending on police per resident, 2024 |
|---|---|---|
| 109 | Frederick | $507 |
| 110 | Rocky Mount | $507 |
| 111 | Oceanside | $506 |
| 112 | Sherman | $505 |
| 113 | Waltham | $505 |
| 114 | Nashville | $504 |
| 115 | Pembroke Pines | $503 |
City long-term debt outstanding per resident, end of fiscal 2024 (Survey year 2024 (fiscal years ended July 2023 to June 2024))
Sherman ranks 140 of 582, highest first. City government only: in many cities schools, transit, water or other services are run by separate governments or the county, so totals are not like-for-like. Per resident figures use the population the Census finance file gives each government. Governments whose figures were mostly imputed by the Census Bureau are left out. The government of Washington, DC, also carries out the functions of a state.
| Rank | City | City long-term debt outstanding per resident, end of fiscal 2024 |
|---|---|---|
| 137 | Revere | $3,832 |
| 138 | Manchester | $3,827 |
| 139 | Greensboro | $3,816 |
| 140 | Sherman | $3,802 |
| 141 | Des Moines | $3,796 |
| 142 | Appleton | $3,788 |
| 143 | Laredo | $3,764 |
Property tax as a share of city tax revenue, 2024 (Survey year 2024 (fiscal years ended July 2023 to June 2024))
Sherman ranks 405 of 580, highest first. City government only: in many cities schools, transit, water or other services are run by separate governments or the county, so totals are not like-for-like. Per resident figures use the population the Census finance file gives each government. Governments whose figures were mostly imputed by the Census Bureau are left out. The government of Washington, DC, also carries out the functions of a state.
| Rank | City | Property tax as a share of city tax revenue, 2024 |
|---|---|---|
| 402 | Harlingen | 38.3% |
| 403 | Cheyenne | 38.3% |
| 404 | Lynwood | 38.0% |
| 405 | Sherman | 37.9% |
| 406 | Midland | 37.6% |
| 407 | Burbank | 37.6% |
| 408 | Conroe | 37.4% |
Federal, state and local aid as a share of city general revenue, 2024 (Survey year 2024 (fiscal years ended July 2023 to June 2024))
Sherman ranks 529 of 582, highest first. City government only: in many cities schools, transit, water or other services are run by separate governments or the county, so totals are not like-for-like. Per resident figures use the population the Census finance file gives each government. Governments whose figures were mostly imputed by the Census Bureau are left out. The government of Washington, DC, also carries out the functions of a state.
| Rank | City | Federal, state and local aid as a share of city general revenue, 2024 |
|---|---|---|
| 526 | Carlsbad | 7.5% |
| 527 | Bowie | 7.5% |
| 528 | Auburn | 7.4% |
| 529 | Sherman | 7.4% |
| 530 | Corpus Christi | 7.4% |
| 531 | McKinney | 7.3% |
| 532 | Hempstead | 7.3% |
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Sources
- U.S. Census Bureau: 2024 Annual Survey of State and Local Government Finances, individual unit files (item amounts for every sampled government, directory with population and fiscal year end, state estimates by type of government), read 23 October 2026 · saved copy (SHA-256 0967c4d30466…)
- U.S. Census Bureau: 2022 Census of Governments: State and Local Government Finances, individual unit files (item amounts for every government, directory with population and fiscal year end, state estimates by type of government), read 23 October 2026 · saved copy (SHA-256 c8de889f6b33…)
Each saved copy is the file exactly as downloaded, kept so the figures can be checked even if the source changes. Report an error.