Rockville’s Mayor and Council continue budget deliberations this month with their final scheduled public hearing and work sessions before the scheduled adoption of the Fiscal Year 2025 budget.
A final public hearing and a work session are scheduled for the Monday, April 8 Mayor and Council meeting.
Public participation in the budget process is a high priority for the Mayor and Council and city staff. A community budget priorities survey at www.rockvillemd.gov/budget in simplified Chinese, French, Korean and Spanish, as well as English, allows community members to identify their budget priorities and options for maintaining a balanced budget. Survey responses provide valuable input to the Mayor and Council for their budget discussions. Friday, April 12 is the last day to provide input via the survey and budget public record.
The Mayor and Council are scheduled to hold a final work session on Monday, April 15. The budget, which covers the fiscal year that begins July 1, is scheduled for adoption on Monday, May 6.
The proposed FY25 operating budget of $168.9 million is a 7.4% increase over the FY 2024 adopted budget. The general fund budget, which supports the largest portion of the operating budget, is $109.7 million, a 7.9% increase.
The city’s current real property tax rate of $0.292 per $100 of assessed valuation will remain the same for FY25. All residential and commercial property owners pay this tax. Rockville has not increased its property tax rate since 1995.
The FY 2025-FY 2029 Capital Improvements Program includes new appropriations of $31.4 million to support 47 capital projects. Find the proposed FY25 budget and Capital Improvements Program at www.rockvillemd.gov/budget.
Find staff reports and video of the acting city manager’s proposed budget presentation from March 4, and public hearing and Mayor and Council work session from March 18, with the meeting listings at www.rockvillemd.gov/AgendaCenter.
Offer Your Ideas
- Using the budget survey, in English, simplified Chinese, French, Korean and Spanish at www.rockvillemd.gov/budget.
- At a public hearing during the Mayor and Council meeting on Monday, April 8.