Legislation
1,165 bills matching finance
City to Finance Construction of New Forensics Laboratory for Philadelphia Police Department
City to finance construction of new forensics lab for Philadelphia Police Department through Service Agreement with Philadelphia Authority for Industrial Development.
260691
City Treasurer Clears Path for New Payroll Banking Deal with Citizens Bank National Association
City Treasurer cleared to sign deal with Citizens Bank for payroll banking services, pending contract terms that safeguard city interests. Council President Johnson and Gilmore Richardson sponsored the authorization.
260510
City Council Approves $44.8 Million Funding Boost for Philadelphia Gas Works Amid Budget Forecast Revisions
Philadelphia Gas Works receives $44.8 million funding boost from city council, with amendments to FY2026 Capital Budget and revised forecast for FY2027-2031 capital budgets under new constraints and conditions.
260512
City Council Approves Financing Pact for New Police Headquarters at North Broad and Callowhill Streets
City Council Approves Pact to Finance New Police HQ at North Broad and Callowhill Streets with a Service Agreement between the City and Philadelphia Municipal Authority. The pact clears the way for the acquisition of two properties for use as police headquarters.
260527
Philadelphia Commissions Lock in Stable Energy Prices Through Multi-Year Contracts
Philly's energy bills are about to get a lot more predictable: a new plan would lock in stable prices on electricity, natural gas, and diesel fuel for city buildings and vehicles through 2026.
260266
Philadelphia City Budget for Fiscal Year 2027 Signed into Law
Philadelphia City Council unveiled its proposed $4 billion budget for Fiscal Year 2027, outlining how tax dollars will be spent across city departments. The operating budget would allocate funds to various initiatives, pending council approval.
260199
Philadelphia Council Unveils Plan to Pour $1 Billion into City Infrastructure Upgrades Next Year
City Council proposes a $7.59 billion budget for major city projects and repairs next year, outlined in an attached exhibit. The plan is sponsored by Council President Johnson and Councilmember Gilmore Richardson.
260200
City Council Unveils Ambitious Six-Year Budget Blueprint for Philly's Future Development and Infrastructure
Philadelphia City Council has approved a six-year capital program for 2027-2032, with estimated costs totaling $22.1 billion to fund various city infrastructure and development projects.
260201
Philly City Council Moves to Levy New Hotel Room Rental Tax Starting Next Quarter
Hoteliers in Philadelphia face additional tax on room rentals starting next quarter under a new law proposed by Council President Johnson and Councilmember Gilmore Richardson. The extra excise tax will be levied on hotel rooms rented in the city.
260202
City Council Passes Six-Year Budget Plan with Revised Capital Program Totals
Councilmember Johnson's proposed budget changes would slash funding for street maintenance, but allocate millions more for affordable housing initiatives targeting low-income seniors. Funding for Philadelphia's popular Summer Youth Employment Program is at risk under new proposals unveiled by Council's Budget Committee yesterday.
260213
City Officials Set to Shuffle Billions in City Budget as 2026 Fiscal Year Kicks In
City officials plan to redirect funds from several city funds, including the General Fund and Transportation Fund, as part of the new budget for Fiscal Year 2026. The transfers will affect various city offices, departments, boards, and commissions.
260215
City Council Proposes Revised Budget for Fiscal 2026 Capital Projects to Save Taxpayers Millions Daily
Philadelphia taxpayers could save millions of dollars thanks to a City Council proposal to slash funding for stalled capital projects, freeing up cash for new initiatives in education and public safety. The revised budget aims to cut waste and inefficiency.
260214
City Issues Bonds Backed By Gas Utility Revenues To Finance Debt Repayment Efforts
Philadelphia homeowners can expect increased gas bills as Council passes bill allowing city to issue bonds tied to utility revenues, potentially totaling $150 million in debt repayment efforts.
260112
Tax Exemptions for Inherited Properties with Liens Revised in Philadelphia Realty Transfer Tax Law
Homeowners who've inherited properties in Philly face new reality: under a proposed law change, those who inherit homes with outstanding mortgages or liens will no longer be exempt from paying taxes on the transfer. It could cost them thousands.
260021
Mayor to Set Prison Oversight Director's Salary and Boost Meeting Pay for Board Members
Philadelphia's prison watchdogs could see a significant boost in pay under a new city council proposal that would hand Mayor control over their salaries and give them stipends for attending meetings.
251099
Affordable housing and job training expanded for Philadelphia's homeless population through amended ordinance.
Philadelphia's H.O.M.E program is doubling down on services for its most vulnerable residents, adding $10 million in funding for emergency shelters, job training, and permanent housing solutions.
251065
City Council Approves Additional Funding for Philly Gas Works Amid Shifts in Long-Term Budget Projections
Philly residents can expect to see their gas bills rise as City Council approves $50 million in additional funding for the financially-strapped Philadelphia Gas Works, a move critics say will disproportionately hurt low-income households.
251018
City Hall Shuffles Funds as Officials Make Last-Minute Changes to Next Year's Budget
Philadelphia officials are making last-minute changes to next year's budget, allowing for the transfer of funds between different city accounts and departments. The city will shift money from several funds to others, affecting various city offices, departments, boards, and commissions.
251027
City Partners with Philadelphia Energy Authority to Finance Energy Efficiency Upgrades at City-Owned Properties
City Council Approves Energy Partnership with Philly Energy Authority for Major Upgrades at City-Owned Buildings. The agreement allows the City to issue bonds to finance energy-saving improvements, reducing costs on properties owned or leased by the City.
250981
City Council Demands Regular Reports on Disbursement of Taxpayer-Funded Homeowner Aid in Philly Neighborhoods
Philadelphia's Housing Trust Fund will be required to publish a detailed, annual report on the distribution and allocation of funds across the city, starting from this year.
250948