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Oakwood unveils nearly $4M budget; some residents may face tax increase

By Ken Stanford Contributing Editor
Posted 9:00AM on Tuesday 6th October 2015 ( 8 years ago )

OAKWOOD - The City of Oakwood unveiled a $3.9 million budget Monday night, which, if fully funded, could mean an increase in taxes for some property owners.

City Manager Stan Brown said Tuesday the proposed spending plan includes cost-of-living pay increases for city employees, along with performance-based increases.

Brown says the proposed tax rate is four mills, the same as last year but some people may end of paying more in taxes because of property reassessments.

A public hearing on the budget and tax rate is scheduled next Monday at 6:00 at Oakwood City Hall.

Stan Brown

http://accesswdun.com/article/2015/10/340581/oakwood-unveils-nearly-4m-budget-some-residents-may-face-tax-increase

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