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Oxford finances in good shape
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Oxford's city council received a snapshot of the city's funds and cash on hand during a council work session Monday in preparation for an upcoming budget season. Councilman George Holt presented a summary of the city's investment funds with BB&T and Bank of North Georgia, about $2.6 million and $1 million respectively, and estimates of future capital needs, including the new city hall and utility projects. Holt said budgeting would be done a little differently in this upcoming budget season.