Oakwood is proposing to raise property taxes in 2015 by 50 percent. The new rate would be 4 mills, with 1 mill equal to $1 for each $1,000 in assessed property value. Property is assessed at 40 percent in the city.
Oakwood proposes 50 percent property tax hike in 2015
Millage hike would add $53 in tax to home valued at $100K
