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Originally Posted by PHLtoNYC
How could it possibly take 5 years just to start the project?...
Does the Washington Avenue project have trees planned?
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It's OK guys I found the money:
Philadelphia spent $775M less than it allocated in fiscal 2022. Here's what it plans to do with the money.
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With the extra spending dollars available, the city said it will put "a significant portion" of the funding to reserves as extra backing toward inflation and preparation for a what many see as an imminent economic downturn.
Philadelphia will also look to "make targeted but essential investments now across a number of areas including education, public safety, Parks and Rec and the Free Library, cultural institutions, infrastructure investment, and homeless services."
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Idk if it's necessarily a good thing that a lot of the savings are from positions going unfilled, but higher than expected collections on BIRT and wage taxes is probably a good thing, and it can't hurt to bolster city finances.