- Parks and Recreation: $918,000
- General Equipment Replacement: $1,000,000
- Capital Improvements: $2,200,000
- Sidewalk: $450,000
- Service Center: $169,000
Significant Assumptions – Other Major Funds
The 2026 Budget reflects continued attention to the financial health of enterprise and special revenue funds, including Refuse, Water, Sewer, and Stormwater. Rate studies initiated in 2025 will inform future policy decisions to ensure rates reflect operating costs, capital reinvestment needs, and long-term sustainability.
Capital Investment and Long-Term Planning
Consistent with Oakwood’s commitment to infrastructure stewardship, the 2026 Budget allocates a meaningful portion of total appropriations to capital improvements. These investments support streets, facilities, parks, and equipment, preserving the City’s assets and ensuring reliable service delivery.
Looking Ahead
The 2026 Budget reflects Oakwood’s commitment to stability, service quality, and long-term resilience. Guided by conservative financial practices and continuous evaluation of operations, the City remains well-positioned to meet current needs while preparing for future challenges. We look forward to another year of dedicated service across all City departments, guided by Oakwood’s vision to preserve and enhance its heritage as the premier residential community.
