You’ve probably heard the old phrase, “save a little for a rainy day.”  The City of Shelbyville is able to save more than that but has decided not as much as originally planned.

The Shelbyville Common Council approved a resolution to transfer $750, 000 from the Racino fund to its Rainy Day fund.  The initial amount before the council was $2 million.  Councilman Brad Ridgeway asked the council to further discuss the issue in a finance meeting while suggesting a smaller amount.

Shelbyville Mayor Tom DeBaun.

The mayor notes having an amount to debate to place into a rainy day fund is a good thing.