A public hearing for the proposed 2015 Rising Sun budget will be at 6 p.m. Thursday, Sept. 4, said Rising Sun Clerk-treasurer Rae Gipson.
Final adoption by council is slated for 6 p.m. Thursday, Oct. 2. Both meetings precede the monthly city council meetings and will be in the city building at 200 N. Walnut St.
As advertised, the 2015 budget calls for a total of $4,464,175, including a general fund of $2,301,140. Specific fund amounts include $495,696 in motor vehicle highway; $1,932 in continuing education; $215,000 in park and recreation; $5,782 in cumulative capital improvement.
Also, $57,500 in cumulative capital development; $200,000 in economic development; $372,625 in redevelopment, general; $105,000 in sanitation; and $700,000 in home rule.
The proposed rate, based on an assessed valuation of $85 million, is $0.4859 per $100 assessed valuation, said Gipson.
Once a 2015 budget is adopted by council, it will go on for state review and may be cut.