FY2023 Fund Balance Projected to be $614.9 Million
The City of Philadelphia’s Quarterly City Managers Report (QCMR) for the third quarter (period ending March 31, 2023)
Through April, the City has expended $4.417 billion and encumbered an additional $315.1 million, resulting in total obligations of $4.732 billion. This total is approximately
The City collected approximately $752.1 million in General Fund tax revenue in March of FY2023, compared to $658.7 million in March of FY2022, an increase
City of Philadelphia overtime increased in the third quarter of FY2023 by $40.4 million, or 26.5 percent, compared to the second quarter of FY2022, and
Through March of FY2023, the City has expended $4,103.5 billion and encumbered an additional $343.5 million, resulting in total obligations of $4.447 billion. This total
The City collected approximately $257.7 million in General Fund tax revenue in February of FY2023, compared to $297.7 million in February of FY2022, a decrease
City of Philadelphia overtime increased in the second quarter of FY2023 by $35.4 million, or 36.2 percent, compared to the second quarter of FY2022, and
Through February, the City has expended $3,013.5 billion and encumbered an additional $390.6 million, resulting in total obligations of $3.404 billion.