Mayor Cherelle Parker laid out a $6.7 billion budget blueprint Thursday that would hike spending and overhaul city taxes. Why it matters: Parker is keeping her foot on the gas, seeking to boost spending by nearly 6% over last year to check items off her ambitious agenda.

What you need to knowMayor Cherelle L. Parker delivered her second budget address Thursday to Philadelphia City Council.The speech kicks off three months of negotiations between the Parker administration and lawmakers over the fiscal year 2026 city budget,