Aldermen review budget at public hearing before Sept. 10 vote - The Oxford Eagle

Aldermen review budget at public hearing before Sept. 10 vote - The Oxford Eagle

The Oxford Board of Aldermen held a public hearing on Tuesday for the city’s $58 million Fiscal Year 2026 budget. No one from the public spoke either in favor of or against the budget. The city’s millage rate will remain at 32.65. The Oxford School District’s millage rate of 61.51 will also remain unchanged in 2026. The fiscal year runs from Oct. 1 through Sept. 30. The new budget includes a 3% cost-of-living adjustment for all city employees. C…