New: Fiscal Year 2027 Proposed Budget
The FY 2027 proposed operating budget totals $187.1 million for the city’s 10 operating funds. This represents an overall increase of 6.6% from the FY 2026 budget. This proposed budget reflects the priorities identified by the Mayor and Council and the input received from residents and staff. The budget maintains flat real and personal property tax rates, continues the implementation of the city’s adopted water and sewer utility rates, and proposes a modest increase of $20 per year for the refuse and recycling rate, and a $10 per equivalent residential unit (ERU) increase in the stormwater management fee. The FY 2027 proposed CIP includes new appropriations of $35.2 million and supports 56 capital projects. The budget includes seven new capital projects which prioritize asset preservation, regulatory compliance, safety, and placemaking while positioning the city for long-term sustainability.
A PDF version of the FY 2027 Proposed Budget is also available.
The document below includes questions submitted by the Mayor and Council during the FY 2027 budget review process and responses prepared by city staff. It is provided to offer additional context and transparency related to the city’s budget discussions.
Fiscal Year 2027 Budget Calendar
The Fiscal Year 2027 budget planning is officially underway. The budget calendar below provides the dates of budget public hearings, Mayor and Council meetings, and other items of public interest. Meeting dates are subject to change.
| Date | Event |
|---|---|
| Sept. 15, 2025 | Community Budget Priorities Survey Available |
| Nov. 10, 2025 | Budget Timeline Presentation / Budget Public Hearing |
| Jan. 5, 2026 | Mayor and Council Priorities Discussion |
| March 6, 2026 | Proposed FY 2027 Budget and Capital Improvements Program Posted to the City’s Website |
| March 9, 2026 | Introduction of Proposed FY 2027 Budget and Capital Improvements Program |
| March 9, 2026 | Budget Public Hearing Budget Worksession |
| March 23, 2026 | Budget Public Hearing Budget Worksession |
| April 13, 2026 | Budget Public Hearing Close of Community Survey and Budget Public Record |
| April 20, 2026 | Budget Worksession |
| May 4, 2026 | Adoption of FY 2027 Budget and Capital Improvements Program |
Water and Sewer Rates
The water and sewer rates for FY 2025 – FY 2027 were adopted by the Mayor and Council on May 6, 2024, and are effective as of July 1, 2024.
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Contact
Kim Francisco
Finance Department
240-314-8402
kfrancisco@rockvillemd.gov
Hours
Monday – Friday
8:30 a.m. – 5 p.m.
Address
Rockville City Hall
111 Maryland Ave.
Rockville, MD 20850