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240417Signed Into Law

Upgrading Philly's Water and Energy Systems with New Funding

Locallow impact · 3/10substantive240417

Upgrading Philly's Water and Energy Systems with New Funding

Official:Approving the Fiscal Year 2025 Capital Budget providing for expenditures for the capital purposes of the Philadelphia Gas Works, including the supplying of funds in connection therewith, and acknowledging receipt of the Revised Forecast of Capital Budgets for Fiscal Years 2026 through 2030, all under certain terms and conditions.

Sponsor: Council President Johnson

Introduced: May 9, 2024

Signed: June 13, 2024

: Committee on Finance

finance infrastructure

Status: Signed into Law, step 4 of 4

Introduced
In Committee
Passed Council
Signed into LawNow

Plain-Language Summary

This bill approves the capital budget for Philadelphia Gas Works and accepts a forecast of future budgets from 2026 to 2030.

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Long-Term City Budget Plan 2027-2032

260201 · Signed Into Law · 2026

Philly Gas Utility Debt Financing Plan

260112 · Signed Into Law · 2026

Philly Gas Company Funding and Future Plans Approval

251018 · Signed Into Law · 2025

Philly Energy Efficiency Upgrade Plan Approval

250981 · Signed Into Law · 2025

Selling Water and Sewer Bond Debt to Raise Funds

250567 · Signed Into Law · 2025

More from Council President Johnson

Allowing City to Adjust Certain Fees by Regulation

240430 · Signed Into Law · 2024

Philadelphia Airport Billboard Deal: New Rules

240429 · Signed Into Law · 2024

City Buys Vacant Lots for Future Development

240425 · Signed Into Law · 2024

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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