New revenue numbers reveal obvious: the economy is still tanking

More bad budget news for the City of Philadelphia. January revenue figures are in, and they look terrible. With the exception of the Parking Tax, which accounts for a piddling fraction of total revenue, all taxes are continuing their downward slides.

The latest report on the fiscal year-to-date collections can be found on PICA's website here.

Click here for Philly.com's politics page.

Continue Reading