Wednesday, October 22, 2014
Inquirer Daily News

Philadelphian Horror Story

When Mayor Nutter introduced his budget he acknowledged several “major financial challenges” facing the city. We prefer to think of them as lurking monsters.

Philadelphian Horror Story

When Mayor Nutter introduced his budget he acknowledged several “major financial challenges” facing the city. We prefer to think of them as lurking monsters.

The city budget is like that old mansion at the top of the hill, for sale at an astonishingly low price. It’s balanced, in theory. But there’s terror within, threatening to cause more tax hikes or service cuts.

Over the course of the next few days, It’s Our Money will introduce you to the beasts hiding in the budget. Before we meet the monsters, though, let’s take a look at the big picture. Think of this as your tour of the mansion with the real estate agent, before the horror show begins.

Where the city’s money comes from next fiscal year in Nutter's proposed budget:


 

Where the city’s money goes next fiscal year in Nutter's proposed budget:


(Source: City’s five-year plan)

About this blog
Every year, city government spends slightly more than $4 billion. Where does all that money come from? More importantly, where does it go? Are we getting the most bang for our tax buck? “It's Our Money” is a joint project between Philadelphia Daily News and WHYY, funded by the William Penn Foundation, designed to answer these questions.

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Holly Otterbein:
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