· the philadelphia city council has outlined how it would like mayor cherelle parker to carry out the first leg of her signature home initiative with a budget proposal advanced tuesday. · for fiscal year 2026, the district is planning to use 40% of its “rainy day” fund to cover a $306 million budget hole, which district leaders say is the result of decades of unconstitutional. · 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. · philadelphia city council approved budget legislation thursday, moving mayor cherelle parker’s $6. 82 billion spending plan and several priorities across the finish line. Philadelphia city council has given preliminary approval to legislation crucial to mayor cherelle parker’s $2 billion housing proposal , a multifaceted strategy rooted in creating and preserving 30,000 units of housing amid an ongoing crisis. Philadelphia mayor cherelle parker is expected to announce a restructuring of city taxes when she introduces her $6. 7 billion budget to city council. · i recognize that the mayor, city council, and residents of philadelphia have put so much time into developing philadelphia ’ s new budget , and that there is danger in saying this — but we must pause, reset, and go back to the drawing board.

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