Resolution 240193

Providing for the approval by the Council of the City of Philadelphia of a Revised Five Year Financial Plan for the City of Philadelphia covering Fiscal Years 2025 through 2029, and incorporating revisions with respect to Fiscal Year 2024, which is to be submitted by the Mayor to the Pennsylvania Intergovernmental Cooperation Authority pursuant to an Intergovernmental Cooperation Agreement by and between the City and the Authority.

Sponsors
Timeline
June 5, 2024 - Committee of the Whole
May 30, 2024 - Committee of the Whole
May 29, 2024 - Committee of the Whole
May 28, 2024 - Cancellation of Scheduled Public Hearing by Committee of the Whole
May 28, 2024 - HEARING NOTICES SENT by Committee of the Whole
May 6, 2024 - Committee of the Whole
April 30, 2024 - RECESSED by Committee of the Whole
April 30, 2024 - HEARING NOTICES SENT by Committee of the Whole
April 30, 2024 - HEARING HELD by Committee of the Whole
April 29, 2024 - RECESSED by Committee of the Whole
April 29, 2024 - HEARING HELD by Committee of the Whole
April 24, 2024 - RECESSED by Committee of the Whole
April 24, 2024 - HEARING HELD by Committee of the Whole
April 17, 2024 - RECESSED by Committee of the Whole
April 17, 2024 - HEARING HELD by Committee of the Whole
April 16, 2024 - RECESSED by Committee of the Whole
April 16, 2024 - HEARING HELD by Committee of the Whole
April 15, 2024 - RECESSED by Committee of the Whole
April 15, 2024 - HEARING HELD by Committee of the Whole
April 10, 2024 - RECESSED by Committee of the Whole
April 10, 2024 - HEARING HELD by Committee of the Whole
April 9, 2024 - RECESSED by Committee of the Whole
April 9, 2024 - HEARING HELD by Committee of the Whole
April 3, 2024 - RECESSED by Committee of the Whole
April 3, 2024 - HEARING HELD by Committee of the Whole
April 2, 2024 - RECESSED by Committee of the Whole
April 2, 2024 - HEARING HELD by Committee of the Whole
March 27, 2024 - RECESSED by Committee of the Whole
March 27, 2024 - HEARING HELD by Committee of the Whole
March 26, 2024 - RECESSED by Committee of the Whole
March 26, 2024 - HEARING HELD by Committee of the Whole
March 18, 2024 - HEARING NOTICES SENT by Committee of the Whole
March 14, 2024 - Introduced (By Request) and Referred by CITY COUNCIL
March 14, 2024 - CITY COUNCIL
Full Text



Title
Providing for the approval by the Council of the City of Philadelphia of a Revised Five Year Financial Plan for the City of Philadelphia covering Fiscal Years 2025 through 2029, and incorporating revisions with respect to Fiscal Year 2024, which is to be submitted by the Mayor to the Pennsylvania Intergovernmental Cooperation Authority pursuant to an Intergovernmental Cooperation Agreement by and between the City and the Authority.
 
Body
WHEREAS, The General Assembly of the Commonwealth of Pennsylvania has enacted the Pennsylvania Intergovernmental Cooperation Authority Act for Cities of the First Class (Act of June 5, 1991, P.L. No. 6, as amended by Act No. 36 of July 7, 2022, P.L. No. 440) (the "Act"); and
 
WHEREAS, In accordance with the Act, the Pennsylvania Intergovernmental Cooperation Authority (the "Authority") has been created and an Intergovernmental Cooperation Agreement (the "Agreement"), dated June 30, 2023, has been entered into by the Authority and the City, as authorized by Bill No. 230453 (approved June 23, 2023); and
 
WHEREAS, The Agreement provides, in Section 4.01 ("Submission of Financial Plan"), that at least one hundred (100) days prior to the beginning of each fiscal year the Mayor shall submit to the Authority a revised Financial Plan (the "Revised Plan") prepared in accordance with the provisions of the Agreement and the Act which shall include revenues and expenditures of the Covered Funds (as defined in the Agreement and the Act) for five (5) fiscal years of the City consisting of the fiscal year beginning on the July 1 next following the date such Plan is required to be submitted to the Authority and the next four (4) fiscal years thereafter; and
 
WHEREAS, On March 14, 2024, the Mayor has submitted a Revised Plan to City Council covering Fiscal Years 2025 through 2029, and incorporating revisions with respect to Fiscal Year 2024 as well, which Plan is attached hereto as Exhibit "A"; now, therefore, be it
 
Resolved, by the Council of the City of Philadelphia, That the Council does hereby provide its approval of the Revised Plan as submitted by the Mayor on March 14, 2024.
 
 
End
 
 
 
 
 


Data: https://phila.legistar.com/