OXFORD — Although Oxford faces a slight increase in the 2013-14 municipal budget, Town Manager Michael Chammings said residents won’t see higher property taxes.
The Budget Committee is recommending a budget of $3,286,225, which is a 2.37 percent increase over this year.
“The slight increase will be offset against new revenues,” Chammings said Tuesday.
Chammings said recently that a chain restaurant is considering opening another establishment here, and a hotel and restaurant combination is also a possibility.
The biggest budget increases are for the Police Department, which is up $16,959 to $584,000; the Highway Department, which is up $15,424 to about $551,500; and town administration, which is up $13,228 to almost $489,000.
Insurance, animal control and unemployment tax costs are down.
Chammings said the town will estimate revenues from the Oxford Casino after a budget is approved when the town sets tax commitments. According to casino revenue totals collected by the Maine Gambling Control Board, Oxford has received about $1 million from its 2 percent share of casino revenues since the casino opened in June 2012.
Residents will vote on the budget at the June 8 town meeting at Oxford Elementary School.
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