FY 2027 Budget

Summary

The FY 2027 budget proposal includes a total of $185.3 million in operating expenditures across all city funds and departments, representing a 7.1% increase over the FY 2026 adopted budget. The proposal also includes revised development and regulatory fees, as well as grant allocations totaling $1.8 million for 49 programs. The budget focuses on various initiatives, including affordable housing, economic development, public safety, and community engagement.

Details

Subject

FY 2027 Budget

Summary

The FY 2027 budget proposal includes a total of $185.3 million in operating expenditures across all city funds and departments, representing a 7.1% increase over the FY 2026 adopted budget. The proposal also includes revised development and regulatory fees, as well as grant allocations totaling $1.8 million for 49 programs. The budget focuses on various initiatives, including affordable housing, economic development, public safety, and community engagement.

Report Date

2026-03-23

Report Type

budget

Report Title

FY 2027 Budget Worksession #2

Authoring Body

City of Rockville

Reporting Period

FY 2027