Resolution 230420
Calling on the Administration and School District of Philadelphia to address and expand financial literacy education in the City of Philadelphia.
Introduced by
From the floor
Passages in the official transcripts that cite this file number. Every quote links to its exact place in the record.
“I would have asked Council President the same thing. I would have asked the same thing. So I'm going to be speaking on Resolution 230420, resolution calling for the School District of Philadelphia to address and expand financial literacy education in the City of Philadelphia. And I think that's a good thing, but when you don't have finances, what is there really to, you know, educate you about? The adults who run the…”
Mr. Hagins · Stated Meeting, May 25, 2023 · May 25, 2023 · official transcript, this passage
“Thank you very much, Mr. Decker. That concludes today's public comment period, and with that, we will now consider the bills and resolutions on the Second Reading and Final Passage Calendar today. Mr. Decker, please read the title of Resolution No. 230420.”
Council President Clarke · Stated Meeting, May 25, 2023 · May 25, 2023 · official transcript, this passage
Status timeline
- May 11, 2023Introduced and Ordered Placed On Next Week's Final Passage Calendar · CITY COUNCIL
- May 25, 2023ADOPTED · CITY COUNCIL
Official documents
Documents open on the City of Philadelphia’s legislative site.
Full text
Read the full text as published
..Title Calling on the Administration and School District of Philadelphia to address and expand financial literacy education in the City of Philadelphia. ..Body WHEREAS, Financial literacy is an understanding of money and the economy that enables the financially literate to make informed choices about budgets, assets, investments, and property management; and WHEREAS, Many Philadelphians have trouble managing their finances and assets. This sometimes leads to an inability to pay bills, acquire assets, and maintain housing; and WHEREAS, Current efforts to remediate the deficiency of financial literacy in the City of Philadelphia are lacking and need to be improved to fill the financial literacy gap; and WHEREAS, The School District of Philadelphia is uniquely situated to educate generations of Philadelphians to be financially literate; and WHEREAS, Without instilling economic education, the School District fails its students, sending them into the world unable to manage money - a skill that would help keep themselves and their families afloat; and WHEREAS, It is incumbent upon the Council of the City of Philadelphia to ensure every City entity, including the School District, addresses the needs of every Philadelphian. As such, it is necessary to call upon the Administration and School District to ensure the teaching of financial literacy; now, therefore, be it RESOLVED, THAT THE COUNCIL OF THE CITY OF PHILADELPHIA, Calls on the Administration and School District of Philadelphia to address and expand financial literacy in the City of Philadelphia. ..End