Mayor Parker Proposes $7 Billion Budget with New Taxes to Fund Schools, Housing

Mayor Cherelle Parker unveiled a proposed $7 billion city budget Thursday, outlining new investments in public safety, education, housing, and infrastructure funded through several new taxes and fees.

The fiscal year 2027 spending plan represents an increase from last year’s $6.8 billion budget. Parker described the proposal as part of her agenda to address public safety, economic mobility, and quality-of-life issues across Philadelphia.

More than half of the proposed spending—about 52 percent—would go toward public safety initiatives, according to the mayor’s budget proposal…

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