Budget

Fiscal Year 2021 Adopted Budget

The Fiscal Year (FY) 2021 operating budget and Capital Improvements Program was adopted by the Mayor and Council on May 11, 2020. The City’s property tax rates of $0.292 per $100 of assessed valuation for real property and $0.805 per $100 of assessed valuation for personal property remain the same for FY21. All residential and commercial property owners pay the real property tax. Rockville has not increased its property tax rates in over 25 years.

The service charges and rates for City of Rockville provided utilities also remain flat. This includes City provided water, sewer, refuse and recycling, and stormwater management services. 

Fiscal Year 2021 Adopted Budget (PDF)

Fiscal Year 2015-2021 Budget Detail

Past Budgets