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Mayor and Council to Adopt FY 2018 Budget on May 1

The Mayor and Council are scheduled to adopt the Fiscal Year 2018 budget during their meeting at 7 p.m. on Monday, May 1.

The $129.4 million proposed FY18 operating budget, which covers the fiscal year that begins July 1, is an increase of 2.5 percent over FY 2017. The city’s current real property tax rate of $0.292 per $100 of assessed valuation would remain the same for FY18.

The public record for testimony on the proposed budget is now closed. The Mayor and Council held three work sessions and three public hearings, and solicited budget ideas from the public through the city’s website.

The May 1 Mayor and Council meeting will be televised live on channel 11 on county cable systems and available via live streaming at www.rockvillemd.gov/rockville11. Meeting video is available on demand within two days of the meeting at www.rockvillemd.gov/AgendaCenter.

Learn more at www.rockvillemd.gov/budget, or call the Finance Department at 240-314-8400.

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Rockville Reports is the official publication of the City of Rockville, published at City Hall, 111 Maryland Ave., Rockville, MD 20850-2364.