OAKWOOD - A 50 percent hike in property taxes is on the table in Oakwood and city officials have planned three public hearings on the proposal.<br />
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City Manager Stan Brown confirmed Friday that the new rate would be four mills, up from the current 2.658 mills and would be effective New Year's Day.<br />
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Brown says the tax increase is needed to fund maintenance of the city's equipment and infrastructure.<br />
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The public hearings will be held at 4:00 on Sept. 22 and Oct. 6 and at 6:00 Oct. 13 at city hall.
