Latest Posts › State Budgets

Share:

Broad Street Brief: Arena or Research Hub for Center City?

The Philadelphia City Council returned today after a summer recess, with all eyes fixed on the future of the proposed Sixers arena in Center City and potential developments regarding business tax cuts based on the upcoming...more

Broad Street Brief: City Leaders Push Harrisburg on School Funding Reform

City Council Passes FY25 Budget, Nonprofit Contracting Bill- During its last regular meeting before summer recess, City Council unanimously passed the FY25 City Budget. Council also approved a bill requiring competitive...more

Broad Street Brief: City Council Approves FY25 City Budget

In the early hours of Thursday, June 6, Philadelphia City Council advanced Mayor Cherelle Parker’s proposed $6.37 billion FY25 Budget. The budget prioritizes public safety and quality-of-life improvement without raising...more

Broad Street Brief: FY25 Budget Will Not Include Wage, Business Tax Cuts

FY25 Budget Will Not Include Wage, Business Tax Cuts City Councilmember Isaiah Thomas (At Large) confirmed Thursday that Philadelphia’s FY25 budget will not include cuts to wage or business tax rates. This decision comes...more

Broad Street Brief: FY25 Budget Hearings Come to a Close

The City is reportedly working with service providers to open a triage center in Fairmount for individuals experiencing homelessness and substance use disorders, with the goal of providing short-term care and connecting...more

Broad Street Brief: Mayor Parker Unveils Public Safety Plan

Mayor Cherelle Parker marked her 100th day in office by unveiling her administration’s highly anticipated comprehensive plan to enhance public safety citywide, which includes measures to increase police presence across the...more

Broad Street Brief: Council Questions “Triage Center” Logistics

This week, Philadelphia City Council embarked on its first round of hearings on Mayor Cherelle Parker’s $6.3 billion FY25 budget, which featured discussion about police response to youth gun violence and the lack of a funding...more

Broad Street Brief: Mayor Parker Delivers First Budget Address

Mayor Cherelle Parker delivered her first budget address to City Council this morning. The $6.29 billion proposed spending plan — which does not include any new taxes or planned cuts to wage and business taxes — focuses on...more

Broad Street Brief: City Council Kensington Caucus Made Official

What Governor Shapiro’s $48.34B FY25 State Budget Means for Philadelphia- This week, Governor Josh Shapiro proposed a $48.34 billion state budget, which Mayor Parker has endorsed for its potential to address Philadelphia’s...more

Broad Street Brief: City Council to Adopt FY24 Budget; Governor Shapiro Announces I-95 Will Open This Weekend

Philadelphia City Council to Adopt FY24 Budget- Philadelphia City Council is expected to adopt the final $6.2 billion FY24 budget. This budget funds additional cameras outside of recreational centers and playgrounds,...more

Broad Street Brief: City Council Hears Testimony on Affordable Housing Legislation; Mayor’s Race Picks Up Momentum in Final Weeks

City Council Hears Testimony on Affordable Housing Bills- On Monday, City Council’s Committee on Housing, Neighborhood Development & The Homeless held a public hearing about two components of District 3 Councilmember Jamie...more

Broad Street Brief: FY24 Budget Hearings Begin; Inquirer Kicks off Mayoral Candidate Profile Series; Wingard Out as President at...

This week marked the beginning of a weeks-long series of public hearings to finalize Philadelphia’s budget for next year. Tuesday afternoon saw testimony from various department and agency heads that fall under the purview of...more

Broad Street Brief: City Council Committee Holds Hearings on Source-of-Income Discrimination, Rent Control

This week, the Committee on Housing, Neighborhood Development & the Homeless heard testimony on housing voucher-based discrimination and potential legislation on rent control, during which tenants, housing providers, and...more

Broad Street Brief: City Council Expected to Pass Budget and Tax Changes This Afternoon

City Council Expected to Pass Budget and Tax Changes This Afternoon Today is City Council’s last voting session before summer recess begins. The legislative body is expected to pass a budget that will invest additional money...more

Philadelphia City Council and the Kenney Administration Reach Budget Deal

On June 15, 2022, Philadelphia City Council voted on an operating budget and changes to the real estate and business tax structures out of the committee of the whole....more

Broad Street Brief: Tax Debate Splits City Democrats

Tax Debate Splits City Democrats- With budget negotiations ongoing, there is still significant disagreement on how the city should handle generating revenue moving forward, with some criticizing the city’s historic...more

Broad Street Brief: Property Reassessments Cause Residential Values to Skyrocket and Commercial Values to Increase Less...

CITY HALL- Property Reassessments Cause Residential Values to Skyrocket and Commercial Values to Increase Less Dramatically- On Tuesday, the Kenney administration announced the value of the average residential property...more

Broad Street Brief: Mayor Kenney’s Proposed Budget, In Brief

CITY HALL- Mayor Kenney’s Proposed Budget, In Brief- Two weeks ago, Mayor Jim Kenney released his proposed 2022-2023 budget, which totals $5.6 billion in spending. As negotiations begin, here’s a summary of the City’s...more

Broad Street Brief: Mayor Kenney Gives Budget Address

Mayor Kenney Gives Budget Address- Today, Mayor Kenney will outline his vision for the upcoming fiscal year’s budget, which will officially kick off budget season. His proposal does not include tax increases, but it...more

Broad Street Brief: Gym Says City Council Will Investigate PPA’s $11 Million Demand from School District

CITY HALL - Gym Says City Council Will Investigate PPA’s $11 Million Demand from School District- Councilmember Helen Gym (At- Large) has called for Philadelphia City Council to investigate the accounting and financial...more

Broad Street Brief: City Council Set To Vote on Final Budget, Councilmember Johnson Looks to Increase Compensation for PHL Workers

Philadelphia City Council is slated to give final approval to the city’s $5.2 billion budget today, capping a marathon of negotiations on a variety of different issues and funding streams. City Council negotiated an...more

$5.2 Billion City Budget Goes into Effect, Councilmembers Gauthier and Quiñones Sánchez Target Gentrification with Mixed Housing...

Philadelphia’s latest budget goes into effect today, containing $5.2 billion in spending and a host of programs designed to curb Philadelphia’s increasing gun violence rates. Over $200 million is directed towards...more

Broad Street Brief: Racial Equality; Tax Reductions; Gun Violence

CITY HALL - Budget Hearings Begin - On Monday, budget season officially began as City Council asked questions of the Kenney administration. Gun violence, racial equity, proposed tax reductions, and economic recovery were...more

23 Results
 / 
View per page
Page: of 1

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:
*By using the service, you signify your acceptance of JD Supra's Privacy Policy.
- hide
- hide