Oxford Borough officials are grappling with a perfect storm of financial challenges that include rising costs, lingering impacts from the pandemic, and unfunded mandates from the state and federal government. Budget discussions are ongoing, but Oxford Borough Manager Pauline Garcia-Allen told the public at a finance committee meeting that there are no police or staff cuts in the 2024 budget. The borough is currently looking at a roughly $252,000 deficit, and the council is looking at a 1.5% increase in the municipal taxes. According to Councilmember Peggy Russell, who chairs the finance committee, a 1.5% increase would result in a yearly tax increase of $225 for a household with a home with an assessed value of $150,000.
Source: Chester County Press; 11/29/2023