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Council reads package of operating and capital budget ordinances, tax and fee changes into record
Summary
The Committee of the Whole opened a public hearing on a package of FY2026 operating and capital budget ordinances, multiple tax and fee changes, and a revised five‑year financial plan that the mayor will submit to the Pennsylvania Intergovernmental Cooperation Authority.
The Philadelphia City Council Committee of the Whole opened a public hearing during which the clerk read a package of proposed ordinances and a resolution tied to the city’s fiscal 2026 operating and capital plans.
The clerk read bill numbers 250,195 through 250,212 and resolution 250,214 into the record, including the proposed operating budget (bill 250,196), a fiscal 2026 capital budget (bill 250,197), a six‑year capital program (bill 250,198), and several ordinances proposing changes to tax chapters of the Philadelphia Code. Miss Lawhead read the titles and short descriptions of each measure into the hearing record.
Why it matters: the items read include the city’s proposed operating and capital spending and a set of changes to multiple revenue measures — including wage and net profits tax provisions, business income and receipts tax changes, revisions to the realty transfer tax and development impact tax, and a proposed adjustment to parking meter fees. Resolution 250,214 would approve a revised five‑year financial plan the mayor will submit to the Pennsylvania Intergovernmental Cooperation Authority (PICPA).
Details read into the record (as read by the clerk): bill 250,195 would amend chapter 19‑1500 (wage and net profits tax); bill 250,196 is “an ordinance adopting the operating budget for fiscal year 2026;” bill 250,197 is the proposed fiscal 2026 capital budget; bill 250,198 would adopt a six‑year capital program for fiscal years 2026–2031; bill 250,199 would amend chapter 19‑2600 (business income and receipts taxes); bill 250,200 would amend chapter 12‑1000 (traffic code) to revise the fee for parking meters; bill 250,201 would amend chapter 19‑1800 (school tax authorization) and chapter 19‑1300 (real estate taxes) to provide for an increase in the tax the School District Board of Education may levy and a corresponding city rate reduction; bill 250,202 would amend chapter 19‑1806 (realty use and occupancy tax) to eliminate certain exemptions; bill 250,210 would amend section 10‑101 (fees of the Commissioner of Records) to increase the portion of recording fees directed to the Housing Trust Fund; bill 250,211 would amend chapter 19‑1400 (realty transfer tax); and bill 250,212 would amend chapter 19‑4400 (Development Impact Tax) to end imposition of that tax. Resolution 250,214 would provide for City Council approval of a revised five‑year financial plan to be submitted to PICPA.
No vote or final action on these measures was recorded during the hearing excerpt. The items were entered for public hearing and scheduled for testimony and questions by the Committee of the Whole.
Provenance: the clerk read the package at the start of the hearing and the Committee announced that the hearing would continue with testimony from city departments and external agencies.
Next steps: Council will continue hearings on the measures with scheduled testimony from the Free Library, Parks and Recreation, and later from SEPTA as listed on the hearing agenda.
