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Thank you, Council President Clarke and members of City Council, for inviting me to speak today. I am pleased to present our seventh proposed Five Year Financial Plan, covering Fiscal Years 2023-2027. As we all know, the past two years have not been easy. The challenges we've faced as a city, including a global pandemic, political turmoil at the national level, and intensified violence, have tested our collective resolve. But, with our trademark resilience and determination, we are facing those challenges together. I remember the uncertainty we all felt in the early days of the pandemic, when our city shut down and we focused all of our efforts on stopping the spread of the virus. Each of us has had to make sacrifices while bracing for every worst-case scenario, and we've seen the impacts continue to ripple out into our communities ever since. Here and across the world, we have lost friends and loved ones. People faced uncertain economic futures and isolation, children and fa...
AI summary
This communication presents the proposed Philadelphia Five Year Financial Plan for fiscal years 2023 through 2027, including projected revenues and spending priorities. It describes proposed investments in city services, education, public safety, housing, infrastructure, economic recovery, public health, and racial equity, using city funds and federal American Rescue Plan support; because the item was placed on file, it does not itself authorize or require these actions.