Rockville’s economy looking up, report says -- Gazette.Net


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This story was corrected on Sept. 6, 2013. An explanation follows the story.

The worst of the economic downturn may be in the past, according to the Rockville city manager.

In the city of Rockville’s annual report, released Tuesday, City Manager Barb Matthews wrote that increased property values, an uptick in economic development and building, and increasing income tax revenues are all good signs for Rockville’s economy.

The report recaps fiscal 2013, which ran from July 2012 through June 2013. It covers highlights and accomplishments for the city and city staff throughout the past year, such as Rockville joining the Montgomery County Heritage area and the police department moving into its new headquarters.

The report is scheduled to be delivered to homes and businesses in Rockville as an insert in the September edition of Rockville Reports, or people can view an electronic version at rockvillemd.gov/rockvillereports.

ewaibel@gazette.net

Explanation: The original version of this story incorrectly reported the start and end of fiscal 2013.