The tax rate in Sherman would be cut under a proposed budget up for a vote next month. Officials are proposing a $14.6 million budget, 1.14 percent less than the current year. The tax rate would drop 2.5 percent, if approved. The proposal includes $9.38 million for the schools and $5.19 million on the municipal side. Sherman residents will get to weigh in on May 4th during a vote at Mallory Town Hall. Part of the reason for the reduction is that there is more Grand List revenue, more money from a T-Mobile tower lease, less debt and some health insurance savings. A budget presentation is planned tonight at 7pm.