Latest Round of Assessments Was in January
The City of Rockville charges all residents a real property tax that is based on the city’s tax rate multiplied by the value of the property.
For Fiscal Year 2017, under the budget passed by the Mayor and Council on May 16 (see article on this page), the real property tax rate will remain at $0.292 per $100 of assessed value. FY17 begins July 1.
The State of Maryland Department of Assessments and Taxation (SDAT) determines the assessed property value for all properties located in the City of Rockville by assessing real property every three years.
The City of Rockville contains two real property assessment areas, as determined by SDAT. Group 3 (in tan in the map above) was assessed in January 2015 and will be assessed again in January 2018. Group 1 (in orange) was assessed in January 2016 and will be assessed again in January 2019.
For homeowners, any increase to assessed value is phased in equally over a three-year period. Any decrease is fully factored into the first full levy (tax) year after the assessment.
All property owners in the City of Rockville receive one consolidated tax bill from Montgomery County. The city’s fee for recycling and refuse collection will appear on these bills beginning in FY17. (See article about recycling and refuse changes on page 5.) Montgomery County tax bills are mailed in July.
To view tax bills, visit www2.montgomerycountymd.gov/realpropertytax.