The city is beginning the process of creating the budget for the next fiscal year. This will determine how taxpayer money is spent on city services and projects.
At a glance
Declining — being discussed less frequently. 0 mentions in the last 30 days, 1 the 60 before, 4 the 90 before that.
The new policy aims to better manage the allocation of funds from the general fund and hotel-motel tax.
Local taxpayers and the city, as funds will be tied to measurable outcomes and strategic goals.
Organizations that previously received funding without a formal application or performance metrics.
The city is moving toward a formal application and review process for grants to ensure money is spent on projects that actually help the community, rather than just giving it away to whoever asks.
A taxpayer impact statement indicates that property tax bills for the median-valued homestead are projected to increase in the upcoming fiscal year.
Sherman city officials exploring ways to scale back as revenue projections miss mark by $3.5 million KXII
The city is beginning the process of creating the budget for the next fiscal year. This will determine how taxpayer money is spent on city services and projects.
The council reviewed the projected impact of the upcoming budget on property taxes for the median-valued homestead. This provides transparency on potential tax increases.
The council approved participation in investment pools and reviewed investment reports, aiming for efficient management of city funds.
Sherman council members consider spending plan KTEN
Sherman City Council makes progress on 2024-2025 budget KXII
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