Title
Proposing amendments to the Philadelphia Home Rule Charter to require the preparation of fiscal impact statements by the Finance Director or City Controller in connection with pending Council legislation; and providing for the submission of the amendments to the electors of Philadelphia.
Body
WHEREAS, Under Section 6 of the First Class City Home Rule Act (53 P.S. §13106), an amendment to the Philadelphia Home Rule Charter may be proposed by a resolution of the Council of the City of Philadelphia adopted with the concurrence of two-thirds of its elected members; now therefore, be it
RESOLVED, BY THE COUNCIL OF THE CITY OF PHILADELPHIA, That the following amendments to the Philadelphia Home Rule Charter are hereby proposed and shall be submitted to the electors of the City on an election date designated by ordinance:
ARTICLE II
LEGISLATIVE BRANCH
The Council - Its Election, Organization, Powers and Duties
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CHAPTER 3
LEGISLATION
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§ 2-310. Fiscal Impact Statements.
(1) The Chief Clerk shall forward each bill to the Director of Finance for the purpose of preparation of a fiscal impact statement, or, alternatively, to the Controller, if so directed by the sponsor of any particular bill. This requirement shall not apply to a bill making an appropriation, or a bill amending such a bill. Upon receipt of the fiscal impact statement, the Chief Clark shall distribute it to all members of City Council as well as make it publically available.
(2) A fiscal impact statement shall be prepared on a form established by Council by ordinance, provided, however, that such form shall require, at a minimum, provision of the following information regarding the impact of the bill: estimated changes, because of the bill, on annual City revenue and annual City costs over the forthcoming five-year period; a description of how the estimates were determined, including any assumptions used in determining the estimates...
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