When its 2020 fiscal year begins Jan. 1, Oxford Township will be ready to roll.

Last week, the township board set its millage rates and approved its budgets for next year during a short, special meeting.

All of the property tax rates, which will be levied in December, are slightly lower than this year’s millage rates due to rollbacks required by the state’s Headlee Amendment.

Officials set the township’s operating tax at 0.9118 mill.

One mill is equal to $1 for every $1,000 of a property’s taxable value.

The township’s operating millage helps support the general fund budget, which was approved at $2.56 million.

It’s projected the operating millage will generate $829,000 for the township. The general fund receives most of its revenue from “state sources,” which includes Michigan revenue-sharing programs. Next year, Oxford is projected to receive $1.46 million from the state.

Officials set the fire department’s operating tax at 3.3472 mills. The fire budget was approved at $3.8 million.

Supported by a tax of 3.7624 mills on properties located outside of the village, the police budget was approved at $3 million. This budget funds the township’s contract to receive law enforcement services provided by the Oakland County Sheriff’s Office.

Village property owners do not pay the township police tax because they are served by their own local department, which they fund through the 10.62-mill tax they pay to fund all of the municipality’s operations and services.

To support the parks and recreation department’s operations and facilities, a $1.3 million budget was approved. Taxpayers will pay 0.8164 mill for this service.

Oxford’s public library will continue circulating materials and conducting programs thanks to a $1.3 million budget, supported by two property taxes (0.6467 mill and 0.69 mill) that total 1.3367 mills.

The North Oakland Transportation Authority (NOTA) tax rate of 0.2388 mill was approved. NOTA provides rides to senior citizens, individuals with physical and/or developmental disabilities and low-income residents living in Oxford, Addison and Orion townships.

To help pay off the parks and recreation bond debt, officials approved a 0.235-mill tax rate. Voters approved a $2 million bond in the November 2016 election. The levy to pay off this debt started at 0.27 mill in December 2016. It’s set to expire in December 2025.