Mayor Parker proposes $6.77 billion budget for 2026

Mayor Cherelle Parker will propose cutting taxes and borrowing $800 million for housing in Philly’s next city budget
Parker will deliver her budget address to City Council on Thursday.
Mayor Parker pushes to slash business taxes and spend millions on housing
Philadelphia would cut business tax rates every year and begin spending hundreds of millions of newly allocated dollars on housing and drug treatment programs under a proposed 2026 budget Mayor Cherelle Parker presented Thursday.
Mayor Cherelle Parker calls for historic tax cuts in Philadelphia budget address
Philadelphia Mayor Cherelle Parker laid out her proposed spending plan on Thursday, delivering her second budget address to City Council.
Mayor Parker presents $6.7B city budget proposal touting $800M housing plan, 'historic' tax cuts, extended-year Philly school pilot expansion
What you need to knowMayor Cherelle L. Parker is delivering her second budget address this morning to Philadelphia City Council.The speech kicks off three months of negotiations between the Parker administration and lawmakers over the fiscal year 2026 city budget,
Mayor Parker proposes $6.77 billion budget for 2026, 5-year plan
Mayor Cherelle Parker is offering a nearly $7 billion budget as she proposes major investments in housing and pushes ahead with her plans to clean up Kensington.
Mayor Cherelle Parker's budget proposal has good and bad news for real estate
The mayor's proposed budget includes $800 million for housing through two separate infusions of $400 million. It also calls for a few key changes to real estate taxes.
What's in Philadelphia Mayor Cherelle Parker's 2026 budget?
The mayor spoke to a session of City Council at City Hall on Thursday and set the city's priorities for the 2026 fiscal year, which begins in July 2025.
An ‘unapologetic’ Mayor Parker proposes $872M police budget with money for forensics, tech upgrades, and recruiting
Mayor Cherelle L. Parker framed the proposal to keep funding level as a second down payment on her plan to improve public ...
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Mayor Parker proposes boost to Vision Zero funding after cuts to traffic safety program last year drew backlash
The campaign would receive $5 million in fiscal year 2026 and $30 million over next six years under new budget.
Philadelphia budget proposal full of real estate nuggets
Among the ideas are an $800 million loan to build and preserve 30,000 housing units and an elimination of a construction ...
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Mayor Cherelle Parker Unveils Progressive $6.77 Billion Budget for Philadelphia's Future
Philadelphia Mayor Parker proposes a $6.77 billion budget focusing on public safety, housing, and sustainability.
Chalkbeat on MSN20h
Teacher salary increases a long-term priority for Philadelphia mayor in her education budget
Philadelphia Mayor Cherelle Parker wants city public schools to eventually get a larger share of city property taxes. She ...
The Philadelphia Tribune1d
Nearly 400 vacant lots near corridors have been cleared thanks to city program
The Philadelphia Taking Care of Business Clean Corridors Program released its key achievements from its first year under ...
Billy Penn4d
Planning director discusses Roundhouse, Greyhound station, housing push
Lawrence touted Parker’s hiring of a new chief housing and urban development officer, Angela Brooks, to spearhead the 30,000-unit plan. She comes from Chicago, where she worked for an affordable ...