Budget and Finance Committee - 2026-01-28
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.
- 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.
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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