City Council reaches compromise deal on budget

Philadelphia City Council sources have told WHYY that there is a deal on the city budget.

Details include the school district receiving $40 million — $20 million from real estate taxes and $20 million from the use and occupancy tax.

The deal also delays the implementation of the Actual Valuation Initiative or AVI for a year.

There has been no word from the Nutter Administration on whether Mayor Michael Nutter will agree with the City Council compromises, which fall short of the $94 million that had been requested for the school district.