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Philly voters approve city borrowing $172M for capital projects
Voters approved that the city borrow money for capital projects including public transit, streets, municipal buildings, and parks and museums.
Philadelphia voters on Tuesday approved a ballot question asking whether the city should borrow $172 million for capital projects — including public transit, streets, municipal buildings, and parks and museums.
The borrowing is typical for the city to do each year to fund its six-year capital plan. According to legislation passed in September, the bulk of the money — $95.7 million — would go toward improvements of municipal service buildings.
With nearly 98 percent of the vote tallied, the measure was approved by a 2-1 ratio.