OAKWOOD - The Oakwood City Council has approved the city's new budget which includes the 50 percent increase in property taxes that was OK'd a few weeks ago.<br />
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City Manager Stan Brown confirmed Tuesday that the budget totals $6.6 million.<br />
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The new tax rate is four mills.<br />
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Brown also confirmed that to help shore up the city's finances in the new fiscal year, six vacant positions will not be filled.<br />