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.
Introduced by
Status timeline
- Mar 14, 2024Introduced (By Request) and Referred · CITY COUNCIL
This Resolution was Introduced (By Request) and Referred.to the Committee of the Whole
- Mar 18, 2024HEARING NOTICES SENT · Committee of the Whole
This Resolution was HEARING NOTICES SENT.
- Mar 26, 2024HEARING HELD · Committee of the Whole
This Resolution was HEARING HELD.
- Mar 26, 2024RECESSED · Committee of the Whole
This Resolution was RECESSED.
- Mar 27, 2024HEARING HELD · Committee of the Whole
This Resolution was HEARING HELD.
- Mar 27, 2024RECESSED · Committee of the Whole
This Resolution was RECESSED.
- Apr 2, 2024HEARING HELD · Committee of the Whole
This Resolution was HEARING HELD.
- Apr 2, 2024RECESSED · Committee of the Whole
This Resolution was RECESSED.
- Apr 3, 2024HEARING HELD · Committee of the Whole
This Resolution was HEARING HELD.
- Apr 3, 2024RECESSED · Committee of the Whole
This Resolution was RECESSED.
- Apr 9, 2024HEARING HELD · Committee of the Whole
This Resolution was HEARING HELD.
- Apr 9, 2024RECESSED · Committee of the Whole
This Resolution was RECESSED.
- Apr 10, 2024HEARING HELD · Committee of the Whole
This Resolution was HEARING HELD.
- Apr 10, 2024RECESSED · Committee of the Whole
This Resolution was RECESSED.
- Apr 15, 2024HEARING HELD · Committee of the Whole
This Resolution was HEARING HELD.
- Apr 15, 2024RECESSED · Committee of the Whole
This Resolution was RECESSED.
- Apr 16, 2024HEARING HELD · Committee of the Whole
This Resolution was HEARING HELD.
- Apr 16, 2024RECESSED · Committee of the Whole
This Resolution was RECESSED.
- Apr 17, 2024HEARING HELD · Committee of the Whole
This Resolution was HEARING HELD.
- Apr 17, 2024RECESSED · Committee of the Whole
This Resolution was RECESSED.
- Apr 24, 2024HEARING HELD · Committee of the Whole
This Resolution was HEARING HELD.
- Apr 24, 2024RECESSED · Committee of the Whole
This Resolution was RECESSED.
- Apr 29, 2024HEARING HELD · Committee of the Whole
This Resolution was HEARING HELD.
- Apr 29, 2024RECESSED · Committee of the Whole
This Resolution was RECESSED.
- Apr 30, 2024HEARING HELD · Committee of the Whole
This Resolution was HEARING HELD.
- Apr 30, 2024HEARING NOTICES SENT · Committee of the Whole
This Resolution was HEARING NOTICES SENT.
- Apr 30, 2024RECESSED · Committee of the Whole
This Resolution was RECESSED.
- May 6, 2024HEARING NOTICES SENT · Committee of the Whole
This Resolution was HEARING NOTICES SENT.
- May 6, 2024HEARING HELD · Committee of the Whole
This Resolution was HEARING HELD.
- May 6, 2024RECESSED · Committee of the Whole
This Resolution was RECESSED.
- May 28, 2024HEARING NOTICES SENT · Committee of the Whole
This Resolution was HEARING NOTICES SENT.
- May 28, 2024Cancellation of Scheduled Public Hearing · Committee of the Whole
This Resolution was Cancellation of Scheduled Public Hearing.
- May 29, 2024HEARING NOTICES SENT · Committee of the Whole
This Resolution was HEARING NOTICES SENT.
- May 29, 2024Cancellation of Scheduled Public Hearing · Committee of the Whole
This Resolution was Cancellation of Scheduled Public Hearing.
- May 30, 2024HEARING NOTICES SENT · Committee of the Whole
This Resolution was HEARING NOTICES SENT.
- May 30, 2024Cancellation of Scheduled Public Hearing · Committee of the Whole
This Resolution was Cancellation of Scheduled Public Hearing.
- Jun 5, 2024HEARING NOTICES SENT · Committee of the Whole
This Resolution was HEARING NOTICES SENT.
- Jun 5, 2024HEARING HELD · Committee of the Whole
This Resolution was HEARING HELD.
- Jun 5, 2024RECESSED · Committee of the Whole
This Resolution was RECESSED.
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..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