The Town of Rising Sun is taking significant steps to manage its fiscal responsibilities, as highlighted in the recent meeting held on June 13, 2023. A key focus was the discussion surrounding the fiscal year 2024 tax rate, with town officials emphasizing the importance of maintaining the current rate despite rising costs.
During the meeting, residents voiced concerns about the potential impact of property assessments on tax bills, noting that even without a tax rate increase, many homeowners could see their bills rise due to increased assessments. One resident, Skip, pointed out that the town's growth could lead to higher costs for long-term residents, suggesting that the influx of new residents might not benefit those who have lived in Rising Sun for decades.
In response, town officials reiterated their commitment to keeping the tax rate stable. The town administrator acknowledged the challenges posed by inflation and unexpected increases in service costs, particularly from waste management. The elected body expressed gratitude for the staff's efforts in preparing the budget while adhering to the directive of maintaining the tax rate.
The meeting concluded with the adoption of several resolutions, including the fiscal year 2024 tax rate and budget, which were passed unanimously. Town officials highlighted their ongoing efforts to provide essential services efficiently, even with limited resources. The next town meeting is scheduled for July 11, where further discussions on community development and fiscal strategies are expected.