This bill is about approving a revised 5-year financial plan for Philadelphia, covering the years 2027-2031, with some changes for 2026. The plan will be submitted to the Pennsylvania Intergovernmental Cooperation Authority by the Mayor. This plan affects the city's budget and financial planning.

Providing for the approval by the Council of the City of Philadelphia of a Revised Five Year Financial Plan for the City of Philadelphia covering Fiscal Years 2027 through 2031, and incorporating revisions with respect to Fiscal Year 2026, which is to be submitted by the Mayor to the Pennsylvania Intergovernmental Cooperation Authority pursuant to an Intergovernmental Cooperation Agreement by and between the City and the Authority.