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The Board of Finance unanimously set Oxford’s 2026–2027 fiscal year mill rate at 20.55 mills after confirming that all three ballot questions passed and the budget became official.
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The mill rate is the tax rate used to calculate local property taxes. For the 2026–2027 fiscal year, Oxford will use a rate of 20.55 mills; the minutes do not state how this will affect individual tax bills.
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