Philadelphia Mayor Proposes Teacher Raises, Housing Investments in $6.7B Budget Plan
Mayor Cherelle Parker's second budget address outlines funding for education, housing, and public safety while navigating federal uncertainties and tax debates.
- Mayor Parker's proposed budget increases Philadelphia schools' share of property tax revenue to 56.5% by 2030, earmarking $12 million annually for teacher salaries.
- The $6.7 billion budget includes $800 million for housing initiatives, with details set to be unveiled on March 24, aiming to build or rehabilitate 30,000 housing units.
- Parker plans to expand the city's extended-day, extended-year school program from 25 to 40 schools, adding 5,000 seats at a cost of $3 million.
- The budget addresses public safety with funding for a new police forensics lab and expanded body camera programs, while continuing efforts to combat crime and drug issues in Kensington.
- Federal funding uncertainties under the Trump administration loom, prompting the city to set aside $95 million in reserves to offset potential cuts.