Oxford Village taxpayers will see a 1-mill reduction when their property tax bill arrives in the mail in the coming weeks.
Council approved lowering the rate from 11.12 to 10.12 mills for the 2009-10 fiscal year, which begins July 1.
Officials also approved the budget which amounted to $6.48 million, of which $2.33 million constitutes the village’s multi-purpose general fund.