Nutter's New Budget: How to Spend $3.98 Billion
A Summary of the New Budget, Mayor Nutter has proposed to City Council. Watch for heated debates on several issues at Council Meetings over the next few weeks, before the final revision is made for March 31st.Go to City Council Calendar.
Current Summary:
- Tax increase on parking garages from 15% to 20%
- 400 More Police Officers total of $78 million
- $2 million for 311 telephone system for non-emergency calls
- Creation of PhillyStat to track Customer Service Improvement efforts among city agencies.
- $25 million for the city recycling program
- 46% increase for Fairmount Park Commission over five years
- Promise to slow down the resident wage tax to pay for a business tax cut. Future state casino revenue is likely to be authorized to cut wage-taxes
- Innovation Philadelphia will no longer be funded as well as William Penn camp an it looks like Riverview Nursing Home will be closed in a few years.
- City to eliminate the gross-receipts portion of the business-privilege tax within 8 years & cut the net-income portion as well.
- grant Community College of Philadelphia an extra $4 million a year
- Health Center so get $3 million
- $3.8 million for city's emergency-response
- $121 million on city infrastructure
- Office of Arts and Culture will reopen with a $2 million cultural fund.
- Safe and Sound is still in financial limbo.
- $403 million for funding wage and benefit increases during future negotiations with labor unions.
- $4.5 Billion Bond to restore the health of the city pension fund.
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