Localhigh impact · 10/10substantive240179

Budget Plan for Next Year's City Spending

Official:Adopting the Operating Budget for Fiscal Year 2025.

Introduced: March 14, 2024

Signed: June 6, 2024

: Committee of the Whole

Plain-Language Summary

This bill adopts the Philadelphia City budget for Fiscal Year 2025, outlining how tax dollars will be spent and managed.

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Philadelphia Context

City Budget

Total FY2025 operating budget: $6.3 billion
General Fund: $5.6 billion
Police Dept: $885 million
Human Services: $520 million
Fire Dept: $298 million

City of Philadelphia FY2025 Operating Budget

Philadelphia Overview

Population: 1,576,251
Median household income: $52,649
Poverty rate: 21.8%
Unemployment rate: 6.2%
Adults with bachelor's degree: 32.4%

U.S. Census Bureau ACS 2022

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