READ AND PASSED

The enacted measure adopts Philadelphia’s Fiscal Year 2016 Capital Budget, totaling $2,703,991,000, for the purposes listed in its attached exhibit. It sets rules for when the money may be committed or spent, including requirements for authorized loans, certified funds, and formal grant awards; the rules apply to the Finance Director, City Controller, and projects funded through the budget.

To adopt a Fiscal 2016 Capital Budget.