City of Philadelphia FY2025-FY2029 Five Year Financial Plan PDF
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2025
Cherrele L. Parker
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Summary
This document details the five-year financial plan for the City of Philadelphia from FY2025 to FY2029, as approved by the Council in June 2024. It includes summaries of revenues, obligations, and fund balances. The plan covers various sources of revenue such as taxes and non-tax ones.
Full Transcript
CITY OF PHILADELPHIA FY2025 - FY2029 FIVE YEAR FINANCIAL PLAN AS APPROVED BY THE COUNCIL - JUNE 2024 CHERELLE L. PARKER MAYOR CITY OF PHILADELPHIA FY2025 - FY2029 FIVE YEAR FINANCIAL PLAN AS APPROVED BY THE COUNCIL - JUNE 2024 GENE...
CITY OF PHILADELPHIA FY2025 - FY2029 FIVE YEAR FINANCIAL PLAN AS APPROVED BY THE COUNCIL - JUNE 2024 CHERELLE L. PARKER MAYOR CITY OF PHILADELPHIA FY2025 - FY2029 FIVE YEAR FINANCIAL PLAN AS APPROVED BY THE COUNCIL - JUNE 2024 GENERAL FUND City of Philadelphia SUMMARY OF OPERATIONS As Adopted FISCAL YEARS 2023 TO 2029 Five Year Financial Plan FY2025-2029 (Amounts in Thousands) FUND General FY 2023 FY 2024 FY 2025 FY 2026 FY 2027 FY 2028 FY 2029 NO. ITEM Actual Estimate Budget Estimate Estimate Estimate Estimate (1) (2) (3) (4) (5) (6) (7) (8) (9) OPERATIONS OF FISCAL YEAR REVENUES 1 Taxes 4,154,299 4,008,680 4,260,467 4,376,370 4,531,580 4,693,270 4,861,337 2 Locally Generated Non-Tax Revenues 415,117 408,609 391,844 365,668 382,272 424,743 374,250 3 Revenue from Other Governments 422,309 366,412 398,416 428,444 400,495 401,569 402,567 4 Other Govts. - PICA City Account (1) 674,272 707,039 739,412 768,168 796,000 825,207 855,753 5 Sub-Total Other Governments 1,096,581 1,073,451 1,137,828 1,196,612 1,196,495 1,226,776 1,258,320 6 Revenue from Other Funds of City 381,017 454,830 481,223 119,605 65,570 61,770 62,292 7 Total - Revenue 6,047,014 5,945,570 6,271,362 6,058,255 6,175,917 6,406,559 6,556,199 8 Other 0 0 0 0 0 0 0 9 Total Revenue and Other Sources 6,047,014 5,945,570 6,271,362 6,058,255 6,175,917 6,406,559 6,556,199 OBLIGATIONS/APPROPRIATIONS 10 Personal Services 1,975,601 2,177,127 2,279,091 2,272,166 2,285,576 2,287,538 2,287,538 11 Personal Services-Pensions 837,541 736,535 734,679 745,635 742,027 741,610 808,692 12 Personal Services-Pensions - Sales Tax 92,143 90,227 98,468 107,294 115,727 124,472 133,224 13 Personal Services-Other Employee Benefits 696,257 798,725 843,974 863,999 900,117 938,002 977,920 14 Sub-Total Employee Compensation 3,601,542 3,802,614 3,956,212 3,989,094 4,043,447 4,091,622 4,207,374 15 Purchase of Services 1,207,299 1,400,501 1,422,267 1,345,332 1,350,674 1,370,053 1,362,057 16 Materials, Supplies and Equipment 167,720 204,679 148,326 139,623 138,494 138,615 138,629 17 Contributions, Indemnities, and Taxes 480,792 475,703 432,724 413,594 413,094 413,094 413,094 18 Debt Service 190,496 201,632 234,667 242,227 274,825 281,871 279,388 19 Payments to Other Funds 205,404 196,954 71,491 74,165 76,982 80,420 83,916 20 Advances & Misc. Pmts. Incl. Labor Reserve 0 11,200 43,505 69,620 77,620 96,620 119,620 21 Adv & Misc. Pmts.- Recession, Inflation Res. & Reopening 0 0 0 0 0 0 0 22 Sub-Total 5,853,253 6,293,283 6,309,192 6,273,655 6,375,136 6,472,295 6,604,078 23 Payment to Budget Stabilization Reserve Fund 65,128 42,261 58,291 59,676 57,754 0 0 24 Total - Obligations 5,918,381 6,335,544 6,367,483 6,333,331 6,432,890 6,472,295 6,604,078 25 Oper. Surplus (Deficit) for Fiscal Year 128,633 (389,974) (96,121) (275,076) (256,973) (65,736) (47,879) Prior Year Adjustments: 26 Council Requests 27 Admin Adjustments 28 Other Adjustments 73,795 36,500 36,500 36,500 35,500 35,500 35,500 29 Total Prior Year Adjustments 73,795 36,500 36,500 36,500 35,500 35,500 35,500 30 Adjusted Oper. Surplus/ (Deficit) 202,428 (353,474) (59,621) (238,576) (221,473) (30,236) (12,379) OPERATIONS IN RESPECT TO PRIOR FISCAL YEARS Fund Balance Available for Appropriation 31 June 30 of Prior Fiscal Year 779,144 981,572 628,098 568,477 329,901 108,428 78,192 Fund Balance Available for Appropriation 32 June 30 981,572 628,098 568,477 329,901 108,428 78,192 65,813 City of Philadelphia SUPPORTING REVENUE SCHEDULES FISCAL YEARS 2023 TO 2029 Five Year Financial Plan FY2025-2029 (Amounts in Thousands) FUND General REVENUE Taxes FY 2023 FY 2024 FY 2025 FY 2026 FY 2027 FY 2028 FY 2029 NO. AGENCY AND REVENUE SOURCE Actual Estimate Estimate Estimate Estimate Estimate Estimate (1) (2) (4) (5) (6) (7) (8) (9) (9) A. Real Property 1 1. Current 780,285 796,957 896,834 903,448 934,127 966,550 1,001,947 2 2. Prior 29,283 28,699 28,125 27,562 27,011 26,471 25,941 3 Subtotal 809,568 825,656 924,959 931,010 961,138 993,021 1,027,888 B. Wage and Earnings 4 1. Current 1,730,139 1,838,931 1,925,177 2,001,414 2,075,666 2,153,919 2,235,768 5 2. Prior 2,703 5,400 5,400 5,400 5,400 5,400 5,400 6 Subtotal 1,732,842 1,844,331 1,930,577 2,006,814 2,081,066 2,159,319 2,241,168 C. Business Taxes 7 1. Business Income & Receipts 673,256 606,687 616,686 621,198 643,686 666,215 688,733 2. Net Profits 8 a. Current 33,868 39,060 40,477 41,874 43,055 44,174 45,340 9 b. Prior 5,122 4,700 4,700 4,700 4,700 4,700 4,700 10 Subtotal 38,990 43,760 45,177 46,574 47,755 48,874 50,040 11 Total, Business Taxes 712,246 650,447 661,863 667,772 691,441 715,089 738,773 D. Other Taxes 12 1. Sales 210,058 210,227 218,468 227,294 235,727 244,472 253,224 13 2. Sales (Pension) 92,143 90,227 98,468 107,296 115,727 124,473 133,225 14 Subtotal 302,201 300,454 316,936 334,589 351,454 368,945 386,449 15 3. Amusement 36,144 38,320 41,719 42,762 43,698 44,664 45,606 16 4. Real Property Transfer 378,782 271,808 305,784 315,477 325,194 334,917 344,630 17 5. Parking** 101,941 0 0 0 0 0 0 18 6. Smokeless Tobacco 573 576 579 582 585 588 591 19 7. Philadelphia Beverage 73,444 70,342 71,172 70,460 70,080 69,779 69,256 20 8. Construction Impact 3,113 3,500 3,500 3,500 3,500 3,500 3,500 21 9. Other 3,445 3,246 3,378 3,404 3,424 3,448 3,476 22 Subtotal 899,643 688,246 743,068 770,774 797,935 825,841 853,508 23 Total Taxes 4,154,299 4,008,680 4,260,467 4,376,370 4,531,580 4,693,270 4,861,337 **Note: Parking Tax reassigned to the Transportation Fund in FY24 and beyond. City of Philadelphia SUPPORTING REVENUE SCHEDULES FISCAL YEARS 2023 TO 2029 Five Year Financial Plan FY2025-2029 (Amounts in Thousands) FUND General REVENUE Locally Generated Non - Tax FY 2023 FY 2024 FY 2025 FY 2026 FY 2027 FY 2028 FY 2029 No. Agency and Revenue Source Actual Estimate Estimate Estimate Estimate Estimate Estimate (1) (2) (3) (4) (5) (6) (7) (8) (9) Office of Innovation & Technology 1 Cable Franchise Fees 17,364 16,777 15,938 15,141 14,384 13,665 12,982 2 Other 48 235 235 235 235 235 235 3 Subtotal 17,412 17,012 16,173 15,376 14,619 13,900 13,217 Mayor 4 Other 1 15 15 15 15 15 15 Managing Director 5 Other 1,023 1,617 1,642 1,667 1,667 1,667 1,667 Police 6 Prior Year Reimb.- Special Services 8,885 0 0 6,000 6,000 6,000 6,000 7 Carry Arms Fees 685 800 800 800 800 800 800 8 Witness & Jury Fees 48 40 40 40 40 40 40 9 Other 1,499 1,050 1,050 1,050 1,050 1,050 1,050 10 Subtotal 11,117 1,890 1,890 7,890 7,890 7,890 7,890 Streets** 11 Survey Charges 743 0 0 0 0 0 0 12 Streets Issued Permits 8,471 0 0 0 0 0 0 13 Prior Year Reimbursements 2 0 0 0 0 0 0 14 Collection Fee - Housing Authority 1,194 1,200 1,200 1,200 1,200 1,200 1,200 15 Disposal of Salvage (Recyclables) 0 10 10 10 10 10 10 16 Right of Way Fees 2,441 0 0 0 0 0 0 17 Commercial Property Collection Fee 20,908 21,050 21,050 21,050 21,050 21,050 21,050 18 Other 152 800 800 800 800 800 800 19 Subtotal 33,911 23,060 23,060 23,060 23,060 23,060 23,060 Fire 20 Emergency Medical Services 39,572 64,500 56,500 56,500 56,500 56,500 56,500 21 Other 761 950 950 950 950 950 950 22 Subtotal 40,333 65,450 57,450 57,450 57,450 57,450 57,450 Public Health 23 Payments for Patient Care (HC's/PNH) 31,476 25,607 25,700 25,800 46,072 46,952 47,832 24 Pharmacy Fees 6,044 8,500 6,850 6,850 6,850 6,850 6,850 25 Environment User Fees 3,594 3,605 3,505 3,405 3,305 3,205 3,105 26 Other 3,193 1,800 1,800 1,800 1,800 1,800 1,800 27 Subtotal 44,307 39,512 37,855 37,855 58,027 58,807 59,587 **Note: Some Streets revenue reassigned to the Transportation Fund in FY24 and beyond. City of Philadelphia SUPPORTING REVENUE SCHEDULES FISCAL YEARS 2023 TO 2029 Five Year Financial Plan FY2025-2029 (Amounts in Thousands) FUND General REVENUE Locally Generated Non - Tax FY 2023 FY 2024 FY 2025 FY 2026 FY 2027 FY 2028 FY 2029 No. Agency and Revenue Source Actual Estimate Estimate Estimate Estimate Estimate Estimate (1) (2) (3) (4) (5) (6) (7) (8) (9) Parks & Recreation 28 Other Leases 1 1 1 1 1 1 1 29 Rent from Land, Real Estate 23 80 80 80 80 80 80 30 Permits 565 1,250 1,250 1,250 1,250 1,250 1,250 31 Other 417 575 575 575 575 575 575 32 Subtotal 1,006 1,906 1,906 1,906 1,906 1,906 1,906 Public Property 33 Rent from Real Estate 509 400 400 400 400 400 400 34 Sale/Lease of Capital Assets 50 14 50 50 13,050 55,050 50 35 Commission from Other Leases 3,318 3,000 3,000 3,000 3,000 3,000 3,000 36 Prior Year Refunds & Reimbursements 504 1,200 1,200 1,200 1,200 1,200 1,200 37 Other 0 50 50 50 50 50 50 38 Subtotal 4,381 4,664 4,700 4,700 17,700 59,700 4,700 Human Services 39 Payments for Child Care - S.S.I. 1,060 500 500 500 500 500 500 40 Other 211 200 200 200 200 200 200 41 Subtotal 1,271 700 700 700 700 700 700 Philadelphia Prisons 42 Inmate Account Fees 13 3 0 0 0 0 0 43 Other 19 0 0 0 0 0 0 44 Subtotal 32 3 0 0 0 0 0 Office of Homeless Services 45 Other 43 0 5 5 5 5 5 46 Subtotal 43 0 5 5 5 5 5 Fleet Services 47 Sale of Vehicles 2,026 1,650 1,650 1,650 1,650 1,650 1,650 48 Fuel and Warranty Reimbursements 3,303 3,250 3,250 3,250 3,250 3,250 3,250 49 Other 190 300 300 300 300 300 300 50 Subtotal 5,519 5,200 5,200 5,200 5,200 5,200 5,200 City of Philadelphia SUPPORTING REVENUE SCHEDULES FISCAL YEARS 2023 TO 2029 Five Year Financial Plan FY2025-2029 (Amounts in Thousands) FUND General REVENUE Locally Generated Non - Tax FY 2023 FY 2024 FY 2025 FY 2026 FY 2027 FY 2028 FY 2029 No. Agency and Revenue Source Actual Estimate Estimate Estimate Estimate Estimate Estimate (1) (2) (3) (4) (5) (6) (7) (8) (9) Licenses and Inspections 51 Amusement 37 40 40 40 40 40 40 52 Health and Sanitation 19,854 21,450 23,600 23,600 25,020 25,020 26,520 53 Police and Fire Protection 605 625 625 625 625 625 625 54 Street Use 2,650 2,900 3,190 3,190 3,380 3,380 3,580 55 Professional & Occupational 1,363 1,400 1,400 1,400 1,400 1,400 1,400 56 Building Structure & Equipment 38,652 38,600 42,460 42,460 45,010 45,010 47,710 57 Business 32 40 40 40 40 40 40 58 Other Licenses & Permits 52 55 55 55 55 55 55 59 Code Violation Fines 2,620 4,070 3,380 3,380 3,380 3,380 3,380 60 Other 13,015 11,725 11,725 11,725 11,725 11,725 11,725 61 Subtotal 78,880 80,905 86,515 86,515 90,675 90,675 95,075 Records 62 Recording of Legal Instrument Fees 11,415 10,895 11,895 12,895 12,895 13,395 13,395 63 Preparation of Records 305 300 300 300 300 300 300 64 Commission on Tax Stamps 1,071 800 500 500 500 500 500 65 Accident Investigation Reports 840 850 850 850 850 850 850 66 Document Technology Fee 2,081 2,000 2,000 2,000 2,000 2,000 2,000 67 Other 692 750 750 750 750 750 750 68 Subtotal 16,404 15,595 16,295 17,295 17,295 17,795 17,795 Director of Finance 69 Prior Year Refunds 3,833 200 200 200 200 200 200 70 Reimbursements - Other 2,956 4,900 4,900 4,900 4,900 4,900 4,900 71 Reimbursement - Prescription Program 13,330 12,000 12,000 12,000 12,000 12,000 12,000 72 Health Benefit Charges 1,343 1,520 1,360 1,360 1,360 1,360 1,360 73 Other 3,965 427 10 10 10 10 10 74 Subtotal 25,427 19,047 18,470 18,470 18,470 18,470 18,470 Revenue 75 Miscellaneous Fines 876 350 750 750 750 750 750 76 Non-Profit Org. Voluntary Payments 4,858 4,164 4,167 4,173 4,132 4,132 4,132 77 Casino Settlement Payments 0 1,000 0 0 0 0 0 78 Other 199 210 210 210 210 210 210 79 Subtotal 5,933 5,724 5,127 5,133 5,092 5,092 5,092 City of Philadelphia SUPPORTING REVENUE SCHEDULES FISCAL YEARS 2023 TO 2029 Five Year Financial Plan FY2025-2029 (Amounts in Thousands) FUND General REVENUE Locally Generated Non - Tax FY 2023 FY 2024 FY 2025 FY 2026 FY 2027 FY 2028 FY 2029 No. Agency and Revenue Source Actual Estimate Estimate Estimate Estimate Estimate Estimate (1) (2) (3) (4) (5) (6) (7) (8) (9) Procurement 80 Performance Bonds 0 1 1 1 1 1 1 81 Master Performance Bonds 0 10 10 10 10 10 10 82 Bid Application Fees etc. 216 200 200 200 200 200 200 83 Other 48 135 135 135 135 135 135 84 Subtotal 264 346 346 346 346 346 346 City Treasurer 85 Interest Earnings 72,797 75,740 58,260 27,540 7,540 7,540 7,540 86 Other 13,486 1,337 25 25 25 25 25 87 Subtotal 86,283 77,077 58,285 27,565 7,565 7,565 7,565 Law 88 Legal Fees & Charges 284 250 250 250 250 250 250 89 Court Awarded Damages 69 800 1,500 1,500 1,500 1,500 1,500 90 Other 60 50 50 50 50 50 50 91 Subtotal 413 1,100 1,800 1,800 1,800 1,800 1,800 Board of Ethics 92 Other 74 70 80 90 160 70 80 Inspector General 93 Other 57 35 20 20 20 20 20 Free Library 94 Other 60 775 775 775 775 775 775 Personnel 95 Other 0 1 1 1 1 1 1 Office of Property Assessment 96 Other 2 4 2 2 2 2 2 Chief Administrator's Office 97 SWEEP Fines 4,034 4,375 5,375 5,375 5,375 5,375 5,375 98 Burglar Alarm Licenses 1,463 1,465 1,500 1,500 1,500 1,500 1,500 99 False Alarm Fines 2,154 1,410 1,410 1,410 1,410 1,410 1,410 100 Reimbursements - Other 122 70 70 70 70 70 70 101 Subtotal 7,773 7,320 8,355 8,355 8,355 8,355 8,355 City of Philadelphia SUPPORTING REVENUE SCHEDULES FISCAL YEARS 2023 TO 2029 Five Year Financial Plan FY2025-2029 (Amounts in Thousands) FUND General REVENUE Locally Generated Non - Tax FY 2023 FY 2024 FY 2025 FY 2026 FY 2027 FY 2028 FY 2029 No. Agency and Revenue Source Actual Estimate Estimate Estimate Estimate Estimate Estimate (1) (2) (3) (4) (5) (6) (7) (8) (9) Register of Wills 102 Court Costs, Fees & Charges 971 1,000 1,000 1,000 1,000 1,000 1,000 103 Recording Fees 3,278 3,000 3,000 3,000 3,000 3,000 3,000 104 Other 1,189 1,085 1,085 1,085 1,085 1,085 1,085 105 Subtotal 5,438 5,085 5,085 5,085 5,085 5,085 5,085 District Attorney 106 Other 8 0 0 0 0 0 0 Sheriff 107 Sheriff Fees (7) 0 6,000 6,000 6,000 6,000 6,000 108 Commission Fees 0 1,500 8,246 6,546 6,546 6,546 6,546 109 Other 1 0 50 50 50 50 50 110 Subtotal (6) 1,500 14,296 12,596 12,596 12,596 12,596 Planning & Development 111 Zoning Permits 4,910 7,350 150 150 150 150 150 112 Accelerated Review Fees 294 260 260 260 260 260 260 113 Other 0 1 1 1 1 1 1 114 Subtotal 5,204 7,611 411 411 411 411 411 City Commissioners 115 Other 14 10 10 10 10 10 10 1st Judicial District - Clerk of Courts 116 Other Fines 89 150 150 150 150 150 150 117 Court Costs, Fees & Charges 921 1,175 1,175 1,175 1,175 1,175 1,175 118 Bail Forfeited 478 0 0 0 0 0 0 119 Cash Bail Fees 452 0 0 0 0 0 0 120 Subtotal 1,940 1,325 1,325 1,325 1,325 1,325 1,325 1st Judicial District - Traffic Court 121 Traffic Court Fines 2,290 3,000 3,000 3,000 3,000 3,000 3,000 1st Judicial District - CP & Mun. Court 122 Court Costs, Fees & Charges 15,820 17,500 17,500 17,500 17,500 17,500 17,500 123 Other Fines 1,524 1,200 1,200 1,200 1,200 1,200 1,200 124 Other 195 2,350 2,350 2,350 2,350 2,350 2,350 125 Subtotal 17,539 21,050 21,050 21,050 21,050 21,050 21,050 City of Philadelphia SUPPORTING REVENUE SCHEDULES FISCAL YEARS 2023 TO 2029 Five Year Financial Plan FY2025-2029 (Amounts in Thousands) FUND General REVENUE Locally Generated Non - Tax FY 2023 FY 2024 FY 2025 FY 2026 FY 2027 FY 2028 FY 2029 No. Agency and Revenue Source Actual Estimate Estimate Estimate Estimate Estimate Estimate (1) (2) (3) (4) (5) (6) (7) (8) (9) 126 Other Adjustments 764 0 0 0 0 0 0 127 Total Locally Generated Non-Tax 415,117 408,609 391,844 365,668 382,272 424,743 374,250 City of Philadelphia SUPPORTING REVENUE SCHEDULES FISCAL YEARS 2023 TO 2029 Five Year Financial Plan FY2025-2029 (Amounts in Thousands) FUND General REVENUE Revenue from Other Governments FY 2023 FY 2024 FY 2025 FY 2026 FY 2027 FY 2028 FY 2029 No. Agency and Revenue Source Actual Estimate Estimate Estimate Estimate Estimate Estimate (1) (2) (3) (4) (5) (6) (7) (8) (9) Managing Director Federal: 1 Emergency Management 172 934 2,115 29,115 115 115 115 Police State: 2 Police Training - Reimbursement 2,886 2,275 2,275 2,275 2,275 2,275 2,275 Streets** Federal: 3 Highways 763 690 0 0 0 0 0 4 Bridge Design 51 14 0 0 0 0 0 State: 5 Snow Removal 2,500 0 0 0 0 0 0 6 PennDot Bridge Design 0 27 0 0 0 0 0 7 PennDot Highways 0 0 0 0 0 0 0 8 Subtotal 3,314 731 0 0 0 0 0 Public Health Federal: 9 Medicare - Outpatient / HC's 1,697 2,791 2,791 2,791 2,791 2,791 2,791 10 Medicare - PNH 3,619 0 0 0 0 0 0 11 Medical Assistance - Outpatient / HC's 35,155 27,836 31,961 31,961 31,961 31,961 31,961 12 Medical Assistance - PNH 989 0 0 0 0 0 0 13 Summer Food Inspection 40 40 40 40 40 40 40 State: 14 County Health 8,200 10,221 8,395 8,395 8,395 8,395 8,395 15 Medical Assistance - Outpatient / HC's 14,265 22,422 25,797 25,797 25,797 25,797 25,797 16 Subtotal 63,965 63,310 68,984 68,984 68,984 68,984 68,984 Public Property Other Governments: 17 PGW Rental 18,000 18,000 18,000 18,000 18,000 18,000 18,000 Philadelphia Prisons Federal: 18 SSA Prisoner Incentive Payments 134 150 150 150 150 150 150 **Note: Some Streets revenue reassigned to the Transportation Fund in FY24 and beyond. City of Philadelphia SUPPORTING REVENUE SCHEDULES FISCAL YEARS 2023 TO 2029 Five Year Financial Plan FY2025-2029 (Amounts in Thousands) FUND General REVENUE Revenue from Other Governments FY 2023 FY 2024 FY 2025 FY 2026 FY 2027 FY 2028 FY 2029 No. Agency and Revenue Source Actual Estimate Estimate Estimate Estimate Estimate Estimate (1) (2) (3) (4) (5) (6) (7) (8) (9) Director of Finance Federal: 19 Medicare Part D-Retirees 171 50 50 50 50 50 50 State: 20 Pension Aid - State Act 205 84,690 93,743 93,743 93,743 93,743 93,743 93,743 21 Juror Fee Reimbursement 97 160 100 100 100 100 100 22 State Police Fines (Phila. County) 217 261 250 250 250 250 250 23 Wage Tax Relief Funding 108,754 108,754 130,632 130,632 130,632 130,632 130,632 24 Gaming - Local Share Assessment 14,002 13,891 14,000 14,000 14,000 14,000 14,000 25 Other Governments: 26 PATCO Community Impact Fund 75 75 75 75 75 75 75 27 PAID - Parametric Garage 898 947 250 250 250 250 250 28 Subtotal 208,904 217,881 239,100 239,100 239,100 239,100 239,100 Revenue Federal: 29 Reimb. - PILOT 0 3 3 3 3 3 3 30 Tinicum Wildlife Preserve 5 4 4 4 4 4 4 Other Governments: 31 PPA - Parking/Violations/Fines (on St.) 48,670 45,717 46,723 47,751 48,802 49,876 50,874 32 Burlington County Bridge Comm. 0 7 7 7 7 7 7 33 Subtotal 48,675 45,731 46,737 47,765 48,816 49,890 50,888 City Treasurer State: 34 Retail Liquor License 989 1,059 1,100 1,100 1,100 1,100 1,100 35 Public Utility Tax Refund 3,869 4,270 4,270 4,270 4,270 4,270 4,270 36 Subtotal 4,858 5,329 5,370 5,370 5,370 5,370 5,370 Commission on Human Relations Federal: 37 Deferred EEOC Cases 94 81 125 125 125 125 125 District Attorney State: 38 Reimbursement - DA Salary 127 127 127 127 127 127 127 City of Philadelphia SUPPORTING REVENUE SCHEDULES FISCAL YEARS 2023 TO 2029 Five Year Financial Plan FY2025-2029 (Amounts in Thousands) FUND General REVENUE Revenue from Other Governments FY 2023 FY 2024 FY 2025 FY 2026 FY 2027 FY 2028 FY 2029 No. Agency and Revenue Source Actual Estimate Estimate Estimate Estimate Estimate Estimate (1) (2) (3) (4) (5) (6) (7) (8) (9) 1st Judicial District Federal: 39 Title IV-E 0 0 25 25 25 25 25 State: 40 Intensive Probation - Adult 4,019 4,019 4,019 4,019 4,019 4,019 4,019 41 Intensive Probation - Juvenile 1,232 1,232 1,232 1,232 1,232 1,232 1,232 42 Reimbursement - Court Costs 6,768 6,530 10,075 10,075 10,075 10,075 10,075 43 Reimbursement - Attorney Fees 94 82 82 82 82 82 82 44 Subtotal 12,113 11,863 15,433 15,433 15,433 15,433 15,433 45 PICA City Account 674,272 707,039 739,412 768,168 796,000 825,207 855,753 Totals 46 Federal 42,890 32,593 37,264 64,264 35,264 35,264 35,264 47 State 252,709 269,073 296,097 296,097 296,097 296,097 296,097 48 Other Governments 67,643 64,746 65,055 66,083 67,134 68,208 69,206 49 PICA Funding 674,272 707,039 739,412 768,168 796,000 825,207 855,753 50 Other Authorized Adjustments 59,067 0 0 2,000 2,000 2,000 2,000 51 Total, Revenue From Other Govts. 1,096,581 1,073,451 1,137,828 1,196,612 1,196,495 1,226,776 1,258,320 City of Philadelphia SUPPORTING REVENUE SCHEDULES FISCAL YEARS 2023 TO 2029 Five Year Financial Plan FY2025-2029 (Amounts in Thousands) FUND General REVENUE Revenue from Other Funds FY 2023 FY 2024 FY 2025 FY 2026 FY 2027 FY 2028 FY 2029 No. Agency and Revenue Source Estimate Estimate Estimate Estimate Estimate Estimate Estimate (1) (2) (3) (4) (5) (6) (7) (8) (9) Water Fund 1 Services performed & costs borne by General Fund 4,576 5,376 5,712 6,067 6,442 6,842 7,264 2 Excess interest on Sinking Fund reserve 0 1,500 1,500 1,500 1,500 1,500 1,500 3 Sub-total 4,576 6,876 7,212 7,567 7,942 8,342 8,764 Aviation Fund 4 Services performed & costs borne by General Fund 2,450 3,500 3,600 3,700 3,800 3,900 4,000 Grants Revenue Fund 5 American Rescue Plan 335,000 390,820 419,473 0 0 0 0 6 American Rescue Plan Interest Earnings 0 0 0 58,000 0 0 0 7 Services performed & costs borne by General Fund 1,463 750 750 750 5,050 750 750 8 911 Surcharge 34,608 49,804 47,188 46,588 45,778 45,778 45,778 9 Sub-total 371,071 441,374 467,411 105,338 50,828 46,528 46,528 Other Funds 10 Services performed & costs borne by General Fund 2,920 3,080 3,000 3,000 3,000 3,000 3,000 11 Total Revenue from Other Funds 381,017 454,830 481,223 119,605 65,570 61,770 62,292 City of Philadelphia General Fund FY 2025- 2029 Five Year Financial Plan Summary by Class FY 2023 FY 2024 FY 2024 FY 2025 FY 2026 FY 2027 FY 2028 FY 2029 Expenditure Class Actual Budget Estimate Budget Estimate Estimate Estimate Estimate Class 100 - Wages 1,975,600,771 2,167,982,681 2,177,126,794 2,279,090,769 2,272,165,550 2,285,575,573 2,287,537,606 2,287,537,606 Class 100 - Benefits 1,625,941,393 1,660,996,026 1,625,487,164 1,677,120,077 1,716,927,855 1,757,871,049 1,804,083,833 1,919,834,823 Class 200 - Contracts / Leases 1,207,299,180 1,380,126,604 1,400,500,546 1,422,266,921 1,345,332,393 1,350,674,306 1,370,052,951 1,362,057,337 Class 300/400 - Supplies, Equipment 167,719,978 145,090,135 204,679,223 148,326,151 139,622,574 138,494,056 138,614,733 138,629,204 Class 500 - Indemnities / Contributions 480,791,816 425,194,220 475,703,220 432,724,220 413,594,220 413,094,220 413,094,220 413,094,220 Class 700 - Debt Service 190,495,836 201,632,422 201,632,422 234,667,304 242,227,179 274,824,769 281,871,366 279,388,293 Class 800 - Payments to Other Funds 270,532,116 147,031,812 239,215,191 129,782,448 133,841,262 134,735,631 80,419,670 83,915,768 Class 900 - Advances / Misc. Payments 0 67,360,100 11,200,100 43,505,110 69,620,268 77,620,268 96,620,268 119,620,268 Total 5,918,381,090 6,195,414,000 6,335,544,660 6,367,483,000 6,333,331,301 6,432,889,872 6,472,294,647 6,604,077,519 City of Philadelphia FY 2025 - 2029 Five Year Financial Plan General Fund Summary by Department FY 2023 FY 2024 FY 2024 FY 2025 FY 2026 FY 2027 FY 2028 FY 2029 Department Actual Budget Estimate Budget Estimate Estimate Estimate Estimate Art Museum 2,040,000 2,142,000 2,142,000 2,642,000 2,142,000 2,142,000 2,142,000 2,142,000 Auditing 9,734,403 11,148,245 11,148,245 11,148,245 11,148,245 11,148,245 11,148,245 11,148,245 Board of Ethics 1,008,915 1,382,433 1,382,433 1,382,433 1,382,433 1,382,433 1,382,433 1,382,433 Board of Revision of Taxes 1,092,178 1,192,431 1,212,431 1,147,431 1,147,431 1,147,431 1,147,431 1,147,431 City Commissioners 28,219,522 29,117,650 29,117,650 33,404,298 29,672,788 29,688,643 29,704,821 29,704,821 City Council 17,642,059 19,751,418 23,551,418 25,001,418 24,501,418 24,501,418 24,501,418 24,501,418 City Treasurer 4,797,363 5,114,652 5,114,652 5,289,652 5,289,652 5,289,652 5,289,652 5,289,652 Civil Service Commission 183,040 213,651 213,651 213,651 213,651 213,651 213,651 213,651 Civil Service Comm - Provision for Future Labor Obligations 0 13,360,000 11,200,000 43,505,010 69,620,168 77,620,168 96,620,168 119,620,168 Commerce 12,399,056 18,545,558 16,678,618 13,922,041 13,805,103 13,805,103 13,732,703 13,732,703 Commerce - Convention Center Subsidy 15,000,000 15,000,000 15,000,000 15,000,000 15,000,000 15,000,000 15,000,000 15,000,000 Commerce - Economic Stimulus 16,720,961 16,334,550 23,114,490 32,795,294 36,295,294 37,295,294 38,295,294 40,295,294 District Attorney 50,124,700 51,119,070 54,119,070 54,286,779 54,243,579 54,243,579 54,243,579 54,243,579 Finance 198,163,923 52,600,924 123,219,924 27,587,281 25,366,851 25,933,311 26,890,226 28,015,518 Finance-Reg #32 4,334,997 5,200,000 5,200,000 7,200,000 7,200,000 7,200,000 7,200,000 7,200,000 Finance-Budget Stabilization 65,128,000 42,261,000 42,261,000 58,291,000 59,676,000 57,754,000 0 0 Finance - Recession and Inflation Reserve and Reopening 0 54,000,000 0 0 0 0 0 0 Finance - Community College Subsidy 67,126,386 51,003,181 61,003,181 56,003,181 51,003,181 51,003,181 51,003,181 51,003,181 Finance - Employee Benefits 1,625,941,393 1,660,996,026 1,625,487,164 1,677,120,077 1,716,927,855 1,757,871,049 1,804,083,833 1,919,834,823 Finance - Hero Awards 24,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 Finance - Payment to Housing Trust Fund 29,066,068 30,612,698 30,612,698 31,006,714 31,209,366 31,714,875 32,198,718 32,854,372 Finance - Indemnities 10,792,504 49,246,000 74,246,000 61,246,000 61,246,000 61,246,000 61,246,000 61,246,000 Finance - Refunds 124,150 250,000 750,000 250,000 250,000 250,000 250,000 250,000 Finance - School District Contribution 269,953,201 282,052,590 282,052,590 284,052,590 284,052,590 284,052,590 284,052,590 284,052,590 Finance - Witness Fees 170,900 180,094 330,094 180,094 180,094 180,094 180,094 180,094 Fire 395,726,507 400,794,784 402,090,784 432,093,306 420,382,514 420,505,639 420,896,797 421,044,368 First Judicial District 122,480,856 129,052,430 129,152,430 129,901,368 129,233,818 129,233,818 129,233,818 129,233,818 Fleet Services 55,728,850 55,253,706 57,753,706 52,312,815 52,312,815 52,312,815 52,312,815 52,312,815 Fleet Services - Vehicle Lease/Purchases 22,582,373 15,359,245 40,359,245 6,047,245 15,359,245 15,359,245 15,359,245 15,359,245 Free Library 50,533,587 70,934,523 70,934,523 71,703,640 71,813,390 71,825,226 71,837,690 71,837,690 Human Relations Commission 2,387,906 2,756,401 2,756,401 2,758,676 2,761,031 2,763,468 2,765,990 2,765,990 Human Services 184,752,720 219,709,887 219,709,887 222,404,818 226,454,990 226,454,990 226,454,990 226,454,990 Labor 3,390,043 4,768,554 5,122,731 4,653,592 4,648,967 4,648,967 4,648,967 4,648,967 Law 24,887,694 28,854,870 31,054,870 29,701,870 29,740,870 29,740,870 29,140,870 29,140,870 Licenses & Inspections 38,917,404 44,257,829 45,672,151 43,226,201 43,226,201 43,226,201 43,226,201 43,226,201 L&I: Board of Building Standards 83,357 86,609 86,609 86,609 86,609 86,609 86,609 86,609 L&I: Board of L&I Review 180,203 182,543 182,543 182,543 182,543 182,543 182,543 182,543 Managing Director 110,083,074 187,205,603 173,531,965 177,556,197 107,493,960 109,087,105 109,624,316 109,624,316 Managing Director - Defender's Association 54,283,600 61,997,780 63,997,780 65,997,780 65,997,780 65,997,780 65,997,780 65,997,780 Managing Director - Citizens Police Oversight Commission 1,390,833 3,023,642 3,023,642 3,023,642 3,023,642 3,023,642 3,023,642 3,023,642 Managing Director - Clean and Green 0 0 0 1,055,000 1,055,000 1,055,000 1,055,000 1,055,000 Managing Director - Public Safety 0 0 0 13,384,101 8,528,158 8,528,158 8,528,158 8,528,158 City of Philadelphia FY 2025 - 2029 Five Year Financial Plan General Fund Summary by Department FY 2023 FY 2024 FY 2024 FY 2025 FY 2026 FY 2027 FY 2028 FY 2029 Department Actual Budget Estimate Budget Estimate Estimate Estimate Estimate Mayor 6,756,501 6,067,744 8,167,744 15,275,533 15,275,533 15,275,533 15,275,533 15,275,533 Mayor - Scholarships 76,000 100,000 100,000 0 0 0 0 0 Mayor - Office of Chief Administrative Officer 13,745,419 18,420,959 19,036,819 20,225,522 11,288,135 11,288,135 10,288,135 10,288,135 Office of Children and Families 502,591 481,098 481,098 949,098 949,098 949,098 949,098 949,098 Office of Arts and Culture and the Creative Economy 0 0 0 10,825,601 5,145,601 5,145,601 5,145,601 5,145,601 Mayor's Office of Community Empowerment and Opportunity 1,704,202 3,449,909 3,464,267 5,913,909 6,036,659 6,159,409 6,282,159 6,282,159 Mural Arts Program 3,198,517 3,683,320 4,183,320 3,683,320 2,683,320 2,683,320 2,683,320 2,683,320 Office of Behavioral Health and Intellectual disAbilities 27,986,417 29,024,448 29,024,448 28,998,703 28,960,676 28,960,676 28,960,676 28,960,676 Office of Homeless Services 78,342,285 80,556,703 91,564,048 88,714,379 80,446,538 80,479,663 80,513,781 80,513,781 Office of Human Resources 7,658,194 12,710,756 14,934,756 10,376,056 9,833,756 9,516,756 9,520,756 9,520,756 Office of Innovation and Technology 88,523,703 96,415,805 95,015,805 107,622,232 108,755,357 106,218,901 106,927,581 107,654,810 Office of Innovation and Technology - 911 18,572,354 31,855,521 31,855,521 27,840,014 27,240,014 26,430,452 26,430,452 26,430,452 Office of Inspector General 1,625,270 2,346,548 2,346,548 2,846,548 2,846,548 2,846,548 2,846,548 2,846,548 Office of Property Assessment 15,366,387 18,310,182 18,310,182 18,310,182 18,310,182 18,310,182 18,310,182 18,310,182 Office of Sustainability 2,169,160 2,974,885 3,381,513 2,450,013 2,400,013 2,400,013 2,400,013 2,400,013 Parks and Recreation 75,227,124 79,418,097 83,315,097 81,498,310 77,959,016 77,974,016 77,974,016 77,974,016 Planning & Development 34,759,317 35,404,422 35,604,422 17,780,802 13,780,802 13,780,802 13,780,802 13,780,802 Police 829,210,826 855,831,761 878,331,761 877,435,832 867,449,384 867,627,261 867,817,589 867,817,589 Prisons 235,170,098 292,774,430 302,768,812 300,962,781 301,437,580 302,137,819 302,880,950 302,880,950 Procurement 6,348,981 7,235,722 7,235,722 6,769,498 6,769,498 6,769,498 6,769,498 6,769,498 Public Health 132,074,650 148,736,320 153,736,320 151,826,661 157,928,679 157,814,551 157,814,551 157,814,551 Public Property 91,356,854 95,659,168 94,713,590 88,063,779 90,596,344 92,988,182 95,769,408 98,695,761 Public Property - SEPTA Subsidy 100,699,000 109,567,000 109,567,000 133,291,440 139,300,440 146,267,440 152,917,440 159,853,440 Public Property - Space Rentals 32,123,081 37,448,243 37,923,243 40,038,929 40,748,787 41,955,613 43,007,895 44,292,588 Public Property - Utilities 35,547,994 31,162,103 31,162,103 26,276,250 27,202,536 28,161,289 29,153,668 30,179,096 Records 4,113,075 4,564,421 4,718,151 4,595,951 4,480,264 4,487,141 4,494,023 4,494,023 Register of Wills 4,734,032 5,024,798 5,024,798 5,774,798 5,774,798 5,774,798 5,774,798 5,774,798 Revenue 25,542,833 28,854,507 28,854,507 31,997,395 29,835,358 28,535,358 28,535,358 28,535,358 Sheriff 31,657,866 32,866,448 34,166,448 35,666,954 35,263,454 35,263,454 35,263,454 35,263,454 Sinking Fund Commission (Debt Service) 292,884,815 324,217,521 324,217,521 355,527,473 362,117,883 398,980,528 411,685,081 384,107,094 Streets 223,506,818 163,138,584 197,702,520 167,130,445 168,589,816 172,943,042 177,170,813 180,952,462 Total 5,918,381,090 6,195,414,000 6,335,544,660 6,367,483,000 6,333,331,301 6,432,889,872 6,472,294,647 6,604,077,519 City of Philadelphia General Fund FY 2025 - 2029 Five Year Financial Plan Estimated Fringe Benefit Allocation FY 2023 FY 2024 FY 2024 FY 2025 FY 2026 FY 2027 FY 2028 FY 2029 Expenditure Category Actual Budget Estimate Budget Estimate Estimate Estimate Estimate Unemployment Comp. 1,609,121 4,468,204 4,468,204 4,600,000 4,600,000 4,600,000 4,600,000 4,600,000 COVID-19 Funeral Expense 22,885 0 0 0 0 0 0 0 Employee Disability 92,323,076 96,192,786 96,192,786 112,137,837 116,761,015 121,088,311 125,138,658 128,929,785 Pension 929,683,859 868,190,117 826,762,500 833,146,961 852,929,714 857,753,726 866,082,694 941,916,676 FICA 89,055,014 98,247,674 98,247,674 101,729,695 102,570,214 103,507,973 104,426,111 105,433,511 Health / Medical 499,824,327 576,660,058 582,578,813 607,955,584 622,516,912 653,371,039 686,286,370 721,404,851 Group Life 6,386,906 8,760,382 8,760,382 9,000,000 9,000,000 9,000,000 9,000,000 9,000,000 Group Legal 6,094,612 6,438,177 6,438,177 6,500,000 6,500,000 6,500,000 6,500,000 6,500,000 Tool Allowance 155,750 350,000 350,000 350,000 350,000 350,000 350,000 350,000 Flex Cash Payments 785,843 1,688,628 1,688,628 1,700,000 1,700,000 1,700,000 1,700,000 1,700,000 Total 1,625,941,393 1,660,996,026 1,625,487,164 1,677,120,077 1,716,927,855 1,757,871,049 1,804,083,833 1,919,834,823 City of Philadelphia Fiscal Year 2025 Operating Budget FY 2025-2029 Five Year Plan General Fund Full-Time Positions Filled FY 2024 November FY 2025 Department Positions Adopted 2023 Adopted FY 2026 FY 2027 FY 2028 FY 2029 6/30/23 Budget Increment Budget Estimate Estimate Estimate Estimate Auditing 110 135 105 138 138 138 138 138 Board of Ethics 10 14 10 14 14 14 14 14 Board of Revision of Taxes 15 16 16 16 16 16 16 16 City Commissioners 146 187 143 200 200 200 200 200 City Council 164 185 169 215 215 215 215 215 City Treasurer 20 22 19 23 23 23 23 23 Civil Service Commission 2 2 2 2 2 2 2 2 Commerce 53 80 59 84 84 84 84 84 District Attorney Civilian 541 572 568 608 608 608 608 608 District Attorney Uniform 32 33 34 34 34 34 34 34 District Attorney - Total 573 605 602 642 642 642 642 642 Finance 121 139 127 142 142 142 142 142 Fire Civilian 133 177 134 177 177 177 177 177 Fire Uniform 2,661 3,215 2,648 3,215 3,215 3,215 3,215 3,215 Fire - Total 2,794 3,392 2,782 3,392 3,392 3,392 3,392 3,392 First Judicial District 1,685 1,720 1,710 1,710 1,857 1,857 1,857 1,857 Fleet Management 266 319 270 319 319 319 319 319 Free Library 764 1,009 780 1,009 1,009 1,009 1,009 1,009 Human Relations Commission 30 34 32 35 35 35 35 35 Human Services 415 549 426 551 551 551 551 551 Labor 34 52 37 57 57 57 57 57 Law 193 205 211 223 223 223 223 223 Licenses & Inspections 329 430 334 441 441 441 441 441 L&I-Board of Building Standards 1 1 1 1 1 1 1 1 L&I-Board of L & I Review 2 2 2 2 2 2 2 2 Managing Director 371 477 485 598 598 598 598 598 MDO - Citizens Police Oversight Commission 16 24 16 25 25 25 25 25 MDO - Clean and Green 0 0 0 7 7 7 7 7 MDO - Public Safety 0 0 0 15 15 15 15 15 Mayor 53 45 39 113 113 113 113 113 Mayor - Office of the Chief Administrative Officer 73 76 65 100 101 101 101 101 Office of Arts and Culture 0 0 0 9 9 9 9 9 Office of Children and Families 5 3 3 9 9 9 9 9 Mayor's Office of Community Empowerment and Opportunity 0 20 18 50 50 50 50 50 Mural Arts Program 9 10 7 10 10 10 10 10 Office of Behavioral Health and Intellectual disAbility 44 53 44 53 53 53 53 53 Office of Human Resources 82 96 83 99 99 99 99 99 Office of Innovation & Technology 349 398 368 421 421 421 421 421 Office of Inspector General 18 26 21 26 26 26 26 26 Office of Property Assessment 182 226 175 226 226 226 226 226 Office of Homeless Services 113 149 122 149 149 149 149 149 Office of Sustainability 18 23 20 23 23 23 23 23 Parks & Recreation 678 945 644 926 926 926 926 926 Planning & Development 66 83 63 86 86 86 86 86 Police Civilian 801 1,103 862 1,230 1,230 1,230 1,230 1,230 Police Uniform 5,550 6,380 5,484 6,380 6,380 6,380 6,380 6,380 Police - Total 6,351 7,483 6,346 7,610 7,610 7,610 7,610 7,610 Prisons 1,312 2,186 1,270 2,186 2,186 2,186 2,186 2,186 Procurement 36 54 36 53 53 53 53 53 Public Health 690 864 700 871 871 871 871 871 Public Property 119 176 143 158 158 158 158 158 Records 53 60 55 60 60 60 60 60 Register of Wills 63 73 66 85 85 85 85 85 Revenue 326 401 314 400 400 400 400 400 Sheriff 328 459 328 459 459 459 459 459 Streets 2,068 1,690 1,433 1,885 1,885 1,885 1,885 1,885 TOTAL GENERAL FUND 21,150 25,198 20,701 25,928 26,076 26,076 26,076 26,076 Note: The Adopted Budget position counts represent the maximum level of positions during the year. Attrition lowers the position count throughout the year. **Also, beginning in FY24 808 Streets positions were transferred to the Transportation Fund. CITY OF PHILADELPHIA FY2025 - FY2029 FIVE YEAR FINANCIAL PLAN AS APPROVED BY THE COUNCIL - JUNE 2024 HOUSING TRUST FUND City of Philadelphia SUMMARY OF OPERATIONS As Adopted FISCAL YEARS 2023 TO 2029 Five Year Financial Plan FY2025-2029 (Amounts in Thousands) FUND Housing Trust FY 2023 FY 2024 FY 2025 FY 2026 FY 2027 FY 2028 FY 2029 NO. ITEM Actual Estimate Budget Estimate Estimate Estimate Estimate (1) (2) (3) (4) (5) (6) (7) (8) (9) OPERATIONS OF FISCAL YEAR REVENUES 1 Taxes 0 0 0 0 0 0 0 2 Locally Generated Non-Tax Revenues 15,020 15,264 17,432 17,800 17,800 17,800 17,800 3 Revenue from Other Governments 0 0 0 0 0 0 0 4 Other Govts. - PICA City Account (1) 0 0 0 0 0 0 0 5 Sub-Total Other Governments 0 0 0 0 0 0 0 6 Revenue from Other Funds of City 29,066 30,613 31,007 31,209 31,715 32,199 32,854 7 Total - Revenue 44,086 45,877 48,439 49,009 49,515 49,999 50,654 8 Other 0 0 0 0 0 0 0 9 Total Revenue and Other Sources 44,086 45,877 48,439 49,009 49,515 49,999 50,654 OBLIGATIONS/APPROPRIATIONS 10 Personal Services 2,191 2,943 4,522 4,522 4,522 4,522 4,522 11 Personal Services-Pensions 0 809 768 768 768 768 768 12 Personal Services-Pensions Sales Tax 0 0 0 0 0 0 0 13 Personal Services-Other Employee Benefits 0 462 541 541 541 541 541 14 Sub-Total Employee Compensation 2,191 4,214 5,831 5,831 5,831 5,831 5,831 15 Purchase of Services 56,293 65,775 65,206 65,206 65,206 65,206 65,206 16 Materials, Supplies and Equipment 0 150 150 150 150 150 150 17 Contributions, Indemnities, and Taxes 0 0 0 0 0 0 0 18 Debt Service 0 0 0 0 0 0 0 19 Payments to Other Funds 0 0 0 0 0 0 0 20 Advances & Misc. Pmts. Incl. Labor Reserve 0 0 0 20 40 60 80 21 Adv & Misc. Pmts.- Recession, Inflation Res. & Reopening 0 0 0 0 0 0 0 22 Sub-Total 58,484 70,139 71,187 71,207 71,227 71,247 71,267 23 Payment to Budget Stabilization Reserve Fund 0 0 0 0 0 0 0 24 Total - Obligations 58,484 70,139 71,187 71,207 71,227 71,247 71,267 25 Oper. Surplus (Deficit) for Fiscal Year (14,398) (24,262) (22,748) (22,198) (21,712) (21,248) (20,613) 25 Prior Year Adjustments: 26 Revenue Adjustments 0 0 0 0 0 0 0 27 Other Adjustments 0 19,000 19,000 19,000 19,000 19,000 19,000 28 Total Prior Year Adjustments 0 19,000 19,000 19,000 19,000 19,000 19,000 29 Adjusted Oper. Surplus/ (Deficit) (14,398) (5,262) (3,748) (3,198) (2,712) (2,248) (1,613) OPERATIONS IN RESPECT TO PRIOR FISCAL YEARS Fund Balance Available for Appropriation 30 June 30 of Prior Fiscal Year 34,638 20,240 14,978 11,230 8,032 5,320 3,072 Fund Balance Available for Appropriation 31 June 30 20,240 14,978 11,230 8,032 5,320 3,072 1,459 City of Philadelphia SUPPORTING REVENUE SCHEDULES FISCAL YEARS 2023 TO 2029 Five Year Financial Plan FY2025-2029 (Amounts in Thousands) FUND Housing Trust REVENUE ALL FY 2023 FY 2024 FY 2025 FY 2026 FY 2027 FY 2028 FY 2029 NO. AGENCY AND REVENUE SOURCE Actual Estimate Estimate Estimate Estimate Estimate Estimate (1) (2) (4) (5) (6) (7) (8) (9) (9) A. Taxes 1. Other 0 0 0 0 0 0 0 B. Locally Generated Non-Tax 1. Recording Fees 12,128 10,914 11,132 11,500 11,500 11,500 11,500 2. Zoning Permits 0 0 2,300 2,300 2,300 2,300 2,300 3. Interest Earnings 2,892 4,350 4,000 4,000 4,000 4,000 4,000 Subtotal 15,020 15,264 17,432 17,800 17,800 17,800 17,800 C. Revenue from Other Governments 1. Other 0 0 0 0 0 0 0 D. Revenue from Other Funds 1. Contribution from the General Fund 29,066 30,613 31,007 31,209 31,715 32,199 32,854 Total 44,086 45,877 48,439 49,009 49,515 49,999 50,654 City of Philadelphia Housing Trust Fund FY 2025- 2029 Five Year Financial Plan Summary by Class FY 2023 FY 2024 FY 2024 FY 2025 FY 2026 FY 2027 FY 2028 FY 2029 Expenditure Class Actual Budget Estimate Budget Estimate Estimate Estimate Estimate Class 100 - Wages 1,611,650 3,914,143 2,943,000 4,522,143 4,522,143 4,522,143 4,522,143 4,522,143 Class 100 - Benefits 579,640 310,425 1,271,000 1,308,857 1,308,857 1,308,857 1,308,857 1,308,857 Class 200 - Contracts / Leases 56,293,449 107,309,432 65,775,000 65,206,000 65,206,000 65,206,000 65,206,000 65,206,000 Class 300/400 - Supplies, Equipment 0 150,000 150,000 150,000 150,000 150,000 150,000 150,000 Class 500 - Indemnities / Contributions 0 0 0 0 0 0 0 0 Class 700 - Debt Service 0 0 0 0 0 0 0 0 Class 800 - Payments to Other Funds 0 0 0 0 0 0 0 0 Class 900 - Advances / Misc. Payments 0 0 0 0 20,000 40,000 60,000 80,000 Total 58,484,739 111,684,000 70,139,000 71,187,000 71,207,000 71,227,000 71,247,000 71,267,000 CITY OF PHILADELPHIA FY2025 - FY2029 FIVE YEAR FINANCIAL PLAN AS APPROVED BY THE COUNCIL - JUNE 2024 TRANSPORTATION FUND City of Philadelphia SUMMARY OF OPERATIONS As Adopted FISCAL YEARS 2023 TO 2029 Five Year Financial Plan FY2025-2029 (Amounts in Thousands) FUND Transportation * FY 2023 FY 2024 FY 2025 FY 2026 FY 2027 FY 2028 FY 2029 NO. ITEM Actual Estimate Budget Estimate Estimate Estimate Estimate (1) (2) (3) (4) (5) (6) (7) (8) (9) OPERATIONS OF FISCAL YEAR REVENUES 1 Taxes 0 104,734 108,243 112,053 115,672 119,408 123,122 2 Locally Generated Non-Tax Revenues 0 8,640 8,640 8,640 8,640 8,640 8,640 3 Revenue from Other Governments 0 3,325 3,325 3,325 3,325 3,325 3,325 4 Other Govts. - PICA City Account (1) 0 0 0 0 0 0 0 5 Sub-Total Other Governments 0 3,325 3,325 3,325 3,325 3,325 3,325 6 Revenue from Other Funds of City 0 0 0 0 0 0 0 7 Total - Revenue 0 116,699 120,208 124,018 127,637 131,373 135,087 8 Other 0 0 0 0 0 0 0 9 Total Revenue and Other Sources 0 116,699 120,208 124,018 127,637 131,373 135,087 OBLIGATIONS/APPROPRIATIONS 10 Personal Services 0 50,801 50,801 50,801 50,801 50,801 50,801 11 Personal Services-Pensions 0 20,749 20,815 20,815 20,815 20,815 20,815 12 Personal Services-Pensions Sales Tax 0 0 0 0 0 0 0 13 Personal Services-Other Employee Benefits 0 17,951 23,685 23,686 23,686 23,686 23,685 14 Sub-Total Employee Compensation 0 89,501 95,301 95,302 95,302 95,302 95,301 15 Purchase of Services 0 15,456 13,991 13,991 13,991 13,991 13,991 16 Materials, Supplies and Equipment 0 10,020 9,625 9,625 9,625 9,625 9,625 17 Contributions, Indemnities, and Taxes 0 0 0 0 0 0 0 18 Debt Service 0 0 0 0 0 0 0 19 Payments to Other Funds 0 2,006 2,146 2,210 2,276 2,345 2,415 20 Advances & Misc. Pmts. Incl. Labor Reserve 0 0 0 380 760 1,140 1,520 21 Adv & Misc. Pmts.- Recession, Inflation Res. & Reopening 0 0 0 0 0 0 0 22 Sub-Total 0 116,983 121,063 121,508 121,954 122,403 122,852 23 Payment to Budget Stabilization Reserve Fund 0 0 0 0 0 0 0 24 Total - Obligations 0 116,983 121,063 121,508 121,954 122,403 122,852 25 Oper. Surplus (Deficit) for Fiscal Year 0 (284) (855) 2,510 5,683 8,970 12,235 Prior Year Adjustments: 26 Revenue Adjustments 0 0 0 0 0 0 0 27 Other Adjustments 0 284 1,716 0 0 0 0 28 Total Prior Year Adjustments 0 284 1,716 0 0 0 0 29 Adjusted Oper. Surplus/ (Deficit) 0 0 861 2,510 5,683 8,970 12,235 OPERATIONS IN RESPECT TO PRIOR FISCAL YEARS Fund Balance Available for Appropriation 30 June 30 of Prior Fiscal Year 0 0 0 861 3,371 9,054 18,024 Fund Balance Available for Appropriation 31 June 30 0 0 861 3,371 9,054 18,024 30,259 *Transportation Fund was newly created in FY24. City of Philadelphia SUPPORTING REVENUE SCHEDULES FISCAL YEARS 2023 TO 2029 Five Year Financial Plan FY2025-2029 (Amounts in Thousands) FUND Transportation REVENUE ALL FY 2023 FY 2024 FY 2025 FY 2026 FY 2027 FY 2028 FY 2029 NO. AGENCY AND REVENUE SOURCE Actual Estimate Estimate Estimate Estimate Estimate Estimate (1) (2) (4) (5) (6) (7) (8) (9) (9) A. Taxes 1. Parking 0 104,734 108,243 112,053 115,672 119,408 123,122 B. Locally Generated Non-Tax 1. Survey Charges 0 875 875 875 875 875 875 2. Streets Issued Permits 0 5,250 5,250 5,250 5,250 5,250 5,250 3. Prior Year Reimbursements 0 25 25 25 25 25 25 4. Right of Way Fees 0 10 10 10 10 10 10 5. DAS Application Fee 0 2,480 2,480 2,480 2,480 2,480 2,480 Subtotal 0 8,640 8,640 8,640 8,640 8,640 8,640 C. Revenue from Other Governments Federal: 1. Highways 0 350 350 350 350 350 350 2. Bridge Design 0 215 215 215 215 215 215 3. Delaware Valley Reg. Plan. Comm. 0 185 185 185 185 185 185 Subtotal 0 750 750 750 750 750 750 State: 4. Snow Removal 0 2,500 2,500 2,500 2,500 2,500 2,500 5. PennDot Bridge Design 0 50 50 50 50 50 50 6. PennDot Highways 0 25 25 25 25 25 25 Subtotal 0 2,575 2,575 2,575 2,575 2,575 2,575 D. Revenue from Other Funds 1. Other 0 0 0 0 0 0 0 Total 0 116,699 120,208 124,018 127,637 131,373 135,087 City of Philadelphia Transportation Fund FY 2025- 2029 Five Year Financial Plan Summary by Class FY 2023 FY 2024 FY 2024 FY 2025 FY 2026 FY 2027 FY 2028 FY 2029 Expenditure Class Actual Budget Estimate Budget Estimate Estimate Estimate Estimate Class 100 - Wages 0 50,455,160 50,801,224 50,801,224 50,801,224 50,801,224 50,801,224 50,801,224 Class 100 - Benefits 0 25,013,578 38,700,000 44,500,921 44,500,921 44,500,921 44,500,921 44,500,921 Class 200 - Contracts / Leases 0 13,990,739 15,455,739 13,990,739 13,990,739 13,990,739 13,990,739 13,990,739 Class 300/400 - Supplies, Equipment 0 9,624,523 10,019,523 9,624,523 9,624,523 9,624,523 9,624,523 9,624,523 Class 500 - Indemnities / Contributions 0 0 0 0 0 0 0 0 Class 700 - Debt Service 0 0 0 0 0 0 0 0 Class 800 - Payments to Other Funds 0 0 2,005,983 2,145,593 2,210,343 2,276,273 2,345,151 2,415,035 Class 900 - Advances / Misc. Payments 0 0 0 0 380,000 760,000 1,140,000 1,520,000 Total 0 99,084,000 116,982,469 121,063,000 121,507,750 121,953,680 122,402,558 122,852,442
