Whereas, Section 12-303(b) of the Home Rule Charter requires the adoption and submission to the Mayor and City Council of a lump sum statement of anticipated receipts and expenditures for the next fiscal year, be it
Resolved, that the Proposed Lump Sum Statement for fiscal year 2020/2021 of The School District of Philadelphia of anticipated receipts and other financing sources totaling $3,424.7 million, anticipated expenditures and other financing uses of $3,412.1 million, and an ending fund balance of $165.5 million at June 30, 2021, be adopted and submitted to the Mayor and City Council.
*Lump Sum Statement attached