Mayor Nutter s Fiscal Year 2016 - 1216 Words

Mayor Nutter has detailed the proposed Fiscal Year 2016 (FY16) Budget and the Fiscal Year 2016 – 2020 Five Year and Strategic Plan to City Council. â€Å"Today, my proposed FY16 budget recommends key investments that will strengthen our communities, with a particular focus on public safety and workforce development,† said Mayor Nutter. The proposed $3.95 billion FY16 General Fund budget has nearly $90 million in added expenditures, which represents a modest increase in spending over FY15. The majority of new spending, about $78 million, will go toward rising employee costs including pension, health care and arbitration awards. The Mayor has also committed to $169.6 million in City-supported Capital investments, the highest level of capital funding since FY02. Some of the Mayor’s FY16 spending proposals include: †¢ $5.5 million in new funding to strengthen the Department of Licenses Inspections, A Plan for a Safer City. This new funding will rise to $10.8 million total by FY18. †¢ $3.9 million for Philadelphia Parks Recreation to launch a new office dedicated to youth workforce learning and development through expansion of its existing summer jobs program, the establishment of a year-round career development, and the creation of a transitional jobs program. †¢ $18 million for the Office of Fleet Management to replace aged vehicles in the Police Department, and large vehicles and apparatus in the Fire and Streets Departments. †¢ $3.6 million for the Police Department to expandShow MoreRelatedLarge Events Of Philadelphia1330 Words   |  6 PagesLiabilities of Large Events Philadelphia consistently ranks among one of the most popular cities in the United States, both in terms of visitation and in terms of global recognition. This ranking is driven by prominent events in the past, and 2016 will be no different. Events such as the papal visit and the democratic nomination convention will inevitably influence Philadelphia’s economy, and it has long been an accepted notion that these events cause a positive impact. However, recent studies have