Oakwood City Council adopted a millage rate that would keep tax revenue the same for 2017 on first reading Monday night. The increase of .174 of a mill would bring the rate to 4.174. But the city’s net tax digest declined 3.2 percent, so the new rate would generate the same tax revenue as the current year.
Oakwood tax revenue to stay same with higher millage rate
City increases millage rate to account for decline in tax digest
