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
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
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
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
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
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
3/31/2022
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Federal Aid ,
Natural Disasters ,
Property Owners ,
Property Tax ,
Restaurant Industry ,
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State and Local Government ,
State Budgets ,
Tax Increases ,
Wealth Tax
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
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
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
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