City controller: Most soda tax revenue in General Fund, not spent on pre-K, community schools, parks rehab
The vast majority of revenue raised by Philadelphia’s controversial beverage tax has yet to be spent on the three public initiatives used by Mayor Jim Kenney to promote its passage, according to data presented Tuesday morning by City Controller Rebecca Rhynhart.
Rhynhart reported that about 74 percent of the nearly $85 million generated by the beverage tax since its inception has gone into the city’s General Fund, which supports core government operations and balances the municipal budget primarily through taxpayer revenue.