US EditionMayor Parker proposes $6.77 billion budget for 2026, 5-year plan
- Mayor Cherelle Parker proposed a $6.77 billion budget for 2026, focusing on housing, public safety, and education investments for Philadelphia.
- Parker aims to revitalize Kensington with significant funding for drug rehabilitation and public safety, stating, 'We did not have time to wait.'
- The budget includes a tax cut plan for businesses, increased funding for traffic safety, and a $216 million investment for a drug treatment facility.
- Concerns were raised about potential cuts to public services due to tax reforms aimed at encouraging business growth.
13 Articles
13 Articles
Parker presents $6.7 billion budget - The Philadelphia Sunday Sun
Photo: phila.gov Included in the plan is more money for public safety, cuts to business and wage taxes, and the mother of all home loans. By Denise Clay-Murray Last Thursday, Mayor Cherelle Parker came to Philadelphia City Council chambers to deliver her second budget address. In a 90-minute speech that also outlined the successes and challenges of her administration’s first year, Parker — the first woman to serve as the city’s mayor — proposed …
From tax cuts to housing in Philly, a breakdown of Mayor Parker's $6.7B budget proposal
Philadelphia Mayor Cherelle Parker emphasized cutting taxes while funding housing, new municipal contracts and other priorities in City Council chambers Thursday as she presented her fiscal year 2026 budget address.
Mayor Parker’s second budget proposal puts focus on housing, tax cuts – Metro Philadelphia
Mayor Cherelle Parker, in her second budget address, proposed borrowing $800 million for affordable housing programs and cutting the city’s business and wage taxes. The $6.7 billion spending plan, unveiled Thursday, also invests in expanding many of Parker’s first-year priorities, including year-round, extended-day schooling, creating a municipal “wellness” ecosystem for homeless drug users and neighborhood cleaning. Affordable housing Parker ha…
Mayor Parker pushes to slash business taxes and spend millions on housing
Philadelphia would cut business tax rates every year and begin spending hundreds of millions of newly allocated dollars on housing and drug treatment programs under a proposed 2026 budget Mayor Cherelle Parker presented Thursday. In her second annual budget address before City Council, Parker celebrated sharp drops in violent crime during her first year in office and her efforts to “clean and green” the city, and laid out her plans for next year…
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