Oakwood property tax bills are set to go in the mail today.
The good news for residents is the city is staying at the same tax rate, 2.658 mills, with 1 mill equal to $1 per $1,000 in assessed property value.
Taxes raised will go to support the city’s 2014 budget, which takes effect Jan. 1.
The budget, approved earlier this fall, breaks down into three major categories: $3.72 million, general fund; $410,000, special purpose local option sales tax; and $2.67 million, sewer fund. The general fund portion, funded largely by property taxes, covers city operations and salaries.
The overall budget would continue several capital programs, including a sewer project with Braselton, vehicle and equipment replacement, Oakwood Industrial Park development and a downtown sewer project supported by SPLOST revenue.
City employees also would get a 1.4 percent cost-of-living raise and a step increase based on performance.
Taxes are due Feb. 1.