In his final budget address on Thursday, Mayor Kenney unveiled an over a billion-dollar plan to invest in the city for FY24.
Philadelphia Mayor Jim Kenney on Thursday unveiled his over a billion-dollars operating budget for the 2024 fiscal year in-person to the Philadelphia City Council, which will allocate funding to public education, safety, transportation, and economic growth.
“This year’s budget reflects the priorities shared by residents and my administration around public safety, educational opportunity, neighborhood investments and services, and inclusive growth. With this budget we will build on our success and finish with energy, momentum, and a strong foundation for our city's next chapter,” Mayor Kenney said.
In his final budget address, he also laid out a five-year plan for Philadelphia that will be implemented throughout the rest of the current administration and into the next. Among the public education areas highlighted in Kenney’s FY24 budget are investing $282 million to the Philadelphia School District in FY24 and a total of $1.4 billion over the life of the five-year plan.$11.6 million will be dedicated to the city’s scholarship program for the Community College of Philadelphia, Catto Scholarships, and an additional $270 million will go to the city’s community college through FY28.
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