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Mayor and Council Approve Budget Calendar, Launch Budget Survey

Closeup of a calculator and budget paperwork

The Mayor and Council kicked off work on the city’s Fiscal Year 2024 budget in October with approval of the budget process calendar, a public hearing and the launch of a survey for community members to offer input on their budget priorities.

The first budget hearing, held Monday, Oct. 17, gave community members an opportunity to present their needs early in the FY 2024 budget process. Find video of the hearing with the Oct. 17 meeting listing at

Public participation in the budget process is a high priority for the Mayor and Council and city staff. A budget survey now available at allows community members to identify their budget priorities and options for maintaining a balanced budget. The responses will provide valuable input to the Mayor and Council for their budget discussions.

The $148.8 million budget for Fiscal Year 2023, which began July 1, keeps the city’s real property tax rate of $0.292 per $100 of assessed valuation the same. All residential and commercial property owners pay this tax. Rockville has not increased its property tax rate since 1995.

For more info, visit or call the Finance Department at 240-314-8400.

FY 2024 Budget Calendar:

  • Monday, Nov. 14: Discussion of budget practices and policies.
  • Monday, Dec. 12: Discussion of Mayor and Council survey results and priority setting.
  • Monday, Feb. 27: Presentation of city manager’s proposed FY24 operating budget and Capital Improvements Program.
  • Monday, March 6: Public hearing and work session.
  • Monday, March 20: Work session.
  • Monday, April 17: Public hearing and work session.
  • Friday, April 21: Close of budget survey and budget public record.
  • Monday, May 1: Work session.
  • Monday, May 8: Adoption of the FY24 operating budget and Capital Improvements Program.
  • Saturday, July 1: FY24 begins.

Note: Budget calendar dates for 2023 are subject to change.

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