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The Financial Advisory Board unanimously approved a revised memorandum reviewing Rockville’s FY2025 Procurement Annual Report and procurement multi-year strategic plan, including a recommendation to report grants separately in line with GFOA guidance. Staff also reported that the FY2027 Operating Budget and Capital Improvement Program had been adopted and would be posted by July 1, 2026.
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The approved memorandum records the board’s recommendations on how Rockville should review and report procurement activity, including grants. The adopted FY2027 operating budget and capital improvement program are expected to be posted by July 1, 2026. A budget amendment is planned for June 2026, but its details were not provided.
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