City employees to receive 3.56% COLA

City employees to receive 3.56% COLA

City of Oxford employees will receive a 3.56% cost-of-living adjustment in the upcoming fiscal year budget, raising the minimum wage for full-time city employees to $20 per hour if the 2026/2027 budget passes in September. The Board of Aldermen approved the increase as a top priority amid continued budget impacts from Winter Storm Fern. Mayor Robyn Tannehill said storm-related reimbursements have been received more quickly than anticipated, allo…