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Allentown Meetings

Budget and Finance Committee, January 28, 2026

1h 13m9,636 words
2 mentionscommercialresidentialAllentown, PA
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What happened

The Budget and Finance Committee reviewed December 2025 monthly finances and Q4 capital reports. General fund revenues exceeded budget by 4% ($152M vs $146M budgeted), driven by stronger earned income tax, business privilege tax, and investment income.

Meeting key facts
Jurisdiction
Allentown, PA
Governing body
Advisory (makes a recommendation)
Date
January 28, 2026

Meeting Summary

The Budget and Finance Committee reviewed December 2025 monthly finances and Q4 capital reports. General fund revenues exceeded budget by 4% ($152M vs $146M budgeted), driven by stronger earned income tax, business privilege tax, and investment income.

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Market Signals (4)

Commercial Demand

Building code fund revenues came in at 158% of projections…

Housing Demand

Rental unit fund revenues exceeded budget at $3.1M, with billing…

Infrastructure

City has $12.7M in year-to-date capital expenditures with an additional…

Sentiment

Administration started 2026 budget process with a $15M general fund…

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