The Oxford School District has approved the budget for the 2010-2011 school year. Eventhough the budge is about $400,000 more than last years budget the district expects to receive less money from the state. The shortfall in state funds is being made up by an increase in federal dollars generated by taxes collected in the community. (June 29, 2010, Page 1)
Oxford is struggling with some of the highest unemployment levels in years but new building permits are on the rise. Obviously, we’re in the midst of an economic boom.
That seems to be one of the conclusions that be drawn from a new report by USA Today. According to the report, Oxford is one of the fastest growing college towns in the country. (June 29, 2010, Page 1)
Mink’s On the Park has only been open three months, but the restaurant is quickly becoming a favorite among Oxford residents, especially those living on the west side of town. A place to stop daily for a quick sandwich or an early morning coffee, Mink’s is located at 904 College Hill Road. (June 28, 2010, Page 5)
In hopes to give entrepreneurs a place to go to gain support, knowledge and to do some networking, local business owners are teaming up with the Economic Development Foundation, the Mississippi Technology Alliance and FNC Inc. to form the Lafayette-Oxford-University Alliance. The LOU Alliance will focus on creating mentoring, curriculum, discussions, events, talent matching and funding to help move entrepreneurs from idea to profit. (June 25, 2010, Page 1A)
After three months of steadily declining unemployment, the community’s jobless rate reversed course and started climbing again. While unemployment increased in May, some other new reports indicate the economy is continuing to rebound from what’s been described as the worse recession since the Great Depression. (June 25, 2010, Page 1A)
Finding that special gift for that special someone may be easier now with the opening of Miss Punkin’s. Located on Highway 334, owner Emily Burton moved back of Oxford after owning a store in Olive Branch for two years. (June 21, 2010, Page 5)
After a two-year delay caused by the international economic slowdown, Toyota Motor Corp. announced today it’s now planning to open its $1.3 billion Blue Springs assembly plant in the fall of 2011. (June 17, 2010, Page 1)
Local tax collections continue to remain stronger than in 2009 with collections for May remaining up for Oxford, but slightly down for Abbeville and Taylor. (June 17, 2010, Page 1)
Who doesn’t like putt-putt?
Now area residents finally have a miniature golf course at Rebel Park, on Highway 6 West.
The 9-hole course is the third installment in a continuing evolution of Rebel Park that’s centered on entertainment for the entire community. The minigolf course is part of the same park that offers paint ball fun for the whole family. (June 14, 2010, Page 5)
One traditional sign the economy is rebounding is when builders see more business. More building means an increase in the demand for more wood materials for this construction. The employees at Roseburg Forest Products in Oxford are tickled to be taking more orders for their products. (June 7, 2010, Page 1A)