Budget and Finance Committee - 2026-06-03
What happened
The Budget and Finance Committee reviewed April 2026 financials showing general fund revenues at $72.9 million (48% of budget) and expenditures at $42.3 million (27% of budget). The housing fund has accumulated $664,000 from the newly increased realty transfer tax.
- Jurisdiction
- Allentown, PA
- Governing body
- Advisory (makes a recommendation)
- Date
- June 3, 2026
Meeting Summary
The Budget and Finance Committee reviewed April 2026 financials showing general fund revenues at $72.9 million (48% of budget) and expenditures at $42.3 million (27% of budget). The housing fund has accumulated $664,000 from the newly increased realty transfer tax.
Development Activity (2)
Police Headquarters
Infrastructure
Central Fire and Life Safety Center
Infrastructure
Market Signals (3)
Housing Demand
The city increased the realty transfer tax in 2026, with…
Infrastructure
The city has 71 active capital projects with $90 million…
Other
The Pennsylvania Supreme Court stormwater fee decision creates $6.75 million…
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