Possible Tax Increase for Sherman Expansion

By: Katie Solomon Email
By: Katie Solomon Email

SHERMAN, TX -- No final decisions were made by the city council today but officials say the water treatment plant will need to be expanded to accommodate growth.

Questions remain on the best way to fund it, if they decide to move forward.

Sherman City Council members discussed a proposed water treatment plant expansion at their meeting Friday.

They are exploring the best way to finance that possible expansion and a few additional projects, in part, though a storm water management study.

"We can look at a way to get revenue in from property owners in you know, just small, incremental fees on a water bill that the state mandates that we have a storm water study, fee study, done in order to ensure that those fees are at the right rate," says Mayor Cary Wacker.

The storm water management study would cost between $150,000 and $250,000.

This study is required by the state before establishing a fee for Sherman residents.

No decisions have been made yet and will not be, until exact costs are identified.

"What we are going to try to do during the next budget cycle is just make sure that we can identify those costs and make sure that the council and the citizens know what that cost is going forward," Assistant City Manager, Robby Hefton.

Mayor Wacker says the expansion of the water treatment plant is necessary due to Sherman's growth.

Officials say the plant takes water from Lake Texoma and currently uses 10 million gallons a day and will to need to increase to 15 million gallons.

"Right now what we are doing is addressing some of the critical needs of the city going forward. These are projects that we have known we need to do but haven't been able to really even talk about the last few years," says Mayor Cary Wacker.

If the expansion is ultimately approved, officials say excess revenue streams could be used to help pay for it.

They say any tax increase would be minimal, estimated at $10 a year for a homeowner with a $100,000 house.


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