Financial Oversight for the City of Philadelphia
Monthly Obligations Update for September
First Quarter City Obligations on Target with Spending Projections Through the end of the first quarter of the fiscal year, the City expended $857.4 million and encumbered an additional $362.5 million. Total obligations amounted to $1.219 billion or 25.4% of the $4.8 billion FY2021 budget. Indicating that the City came in on target for first quarter spending. For the full report, click here. For past reports, click here.