Fiscal Year 2026-2027 Proposed Budget and Millage Rate
Summary
The city closed the year collecting 103% of budgeted general fund revenue — $52.7 million — with spending at only 86% of budget. A new fiscal year started October 1.
At a glance
- Total mentions
- 4
- Last 30 days
- 1
Discussed at 2 meetings in the last 60 days; most recently Nov 3, 2026.
Impact analysis
Revenue came in above budget; spending below.
Taxpayers — the city finished the year in strong financial shape.
Mentions & discussions (4)
Board of Aldermen - Nov 3, 2026
The city closed the year collecting 103% of budgeted general fund revenue — $52.7 million — with spending at only 86% of budget. A new fiscal year started October 1.
Board of Aldermen - Sep 8, 2026
The Board adopted the city's budget for all departments for the coming fiscal year. The budget funds city services, staffing, and operations.
Board of Aldermen - Sep 1, 2026
The proposed $63.5 million general fund budget holds the millage rate flat at 32.65 mills — no tax increase. Public safety takes the biggest share: about 24.6% for police and 14.8% for fire. The actual vote happens September 8.
Board of Aldermen - Jul 14, 2026
Twelve city departments pitched their budgets for the coming year. It's an early look at where Oxford's money may go — no decisions yet, but the departments' asks shape next year's services and possibly your tax bill.
We'll email you when it's on an upcoming agenda and when it's voted on, at most once a day.
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