THE COUNCIL OF THE CITY OF PHILADELPHIA HEREBY ORDAINS:
SECTION 1. Exhibit “A” of Section 21-2302 of The Philadelphia Code is hereby amended to read as follows:
Exhibit “A”
Philadelphia Fiscal Impact Statement
Date:
Bill No.:
Bill Title:
Prepared by:
Section 1:
Provide overview of fiscal impact of the legislation.
Increase
Decrease
Neutral
Operating Cost
q
q
q
Revenue
q
q
q
Job Growth
q
q
q
Job Loss
q
q
q
Impact on City’s Five-Year Plan?
q
Y
q
N
Fiscal Impact Cannot be Determined
q
Section 2:
Fill in the changes to annual revenue and/or annual operating costs over the next five fiscal years.
Current FY
FY+1
FY+2
FY+3
FY+4
Annual Cost
Annual Revenue
Section 3:
Detail methodology for fiscal impact analysis and underlying assumptions.
Describe how the estimates were derived:
Describe any assumptions used in deriving the estimates:
Section 4:
Describe impact, if any, of legislation on the City’s Five-Year Financial Plan.
Does the legislation affect the City’s Five-Year Financial Plan? If so, briefly explain:
Section 5:
Describe impact, if any, of legislation on job growth or job loss to the City.
Describe whether the legislation will result in job growth or job loss to the City:
[Section 5]
Section 6
:
Describe whether funding is available to implement the legislation, if implementation has financial cost.
q
Funding exists to implement the legislation.
Please explain:
q
Funding has not been provided for the legislation.
Please explain:
[Section 6]
Section 7
:
Provide any additional comments regarding the fiscal impact of the legislation, including, for example, the fiscal impact on third parties.
Additional Comments:
SECTION 2. Effective Date. This Ordinance shall take effect immediately.
___________________________________
Explanation:
[Brackets] indicate matter deleted.
Italics
indicate new matter added.
End