School District
The School District of Philadelphia will present its budget testimony to Philadelphia City Council today. Always in need of funds due to chronic and intentional underfunding at the state level, this year’s hearing takes place with the backdrop of the mayoral campaign and the sudden closing of multiple schools due to asbestos.
The school district receives funding in many ways, including 55% of property tax revenue (the other 45% goes to the city). The School District of Philadelphia will present its budget testimony to Philadelphia City Council today. Always in need of funds due to chronic and intentional underfunding at the state level, this year’s hearing takes place with the backdrop of the mayoral campaign and the sudden closing of multiple schools due to asbestos.
Overall, 46% of the district revenue comes from the state, 41% is local funding, and about 12% is federal funding. Overall, the district budget is $4.445 billion for fiscal year 2024. This year, the city is allocating $282 million in additional funds to the district.
Community College
The Community College of Philadelphia will also testify today. According to their own research, CCP “generated $631.3 million in income to Philadelphia in 2019-20, and supported more than 7500 jobs during that time.” CCP will also testify that every dollar invested in the institution returns $9.40 in “added income and social savings, while students gain $5.90 in lifetime earnings.”
CCP is requesting $51 million from the city, of which $11.7 million will go to the Octavius Catto Scholarship, and $15 million dedicated to one-time capital investments.
The college currently enrolls 18,861 students, of which 73% receive financial aid, and 85% remain in Philadelphia after graduation.
Public Testimony
Make your voice heard! If you wish to testify at tomorrow, May 3rd, call 215.686.3407, or email [email protected] by 3 PM today! You must provide the following information:
Full name
Callback telephone number where you can be reached
Identify the bill number or resolution number or numbers that will be addressed.
