The Newtown Legislative Council is holding a Public Hearing tonight on the proposed budget for the coming fiscal year.  First Selectman Dan Rosenthal has proposed a nearly $44-million municipal budget, a little more than 2 percent increase over the current year.  There's money for road paving, debt service, increased benefits costs, and raises for municipal employees and police. The Board of Ed proposed an $80.6 million budget, a 2.58 percent increase.  The Board of Finance trimmed $140,000 from the proposed education spending plan and about $38,000 from the town side.  If approved as is, the budget would result in a .59 percent tax increase.  The Legislative Council virtual public hearing tonight is at 7pm.  A referendum is planned for April 27th.