READ AND PASSED

The enacted bill approved Philadelphia Gas Works’ Fiscal Year 2023 capital budget of up to $187.353 million for spending from September 1, 2022, through August 31, 2023. It also required PGW to follow specified capital-spending conditions, restricted three $250,000 funding items until written release by the Gas Commission, reauthorized three prior capital projects, and acknowledged PGW’s revised capital-budget forecast for fiscal years 2024 through 2028.

Approving the Fiscal Year 2023 Capital Budget providing for expenditures for the capital purposes of the Philadelphia Gas Works (including the supplying of funds in connection therewith) subject to certain constraints and conditions, and acknowledging receipt of the Revised Forecast of Capital Budgets for Fiscal Years 2024 through 2028.