# Philadelphia Mayor Cherelle Parker reiterated her plan to tax rideshares $1 per ride in Philadelphia amid a $300 million budget deficit.

*business · news · 2026-04-16 · Fox News*

## Key points

- Philadelphia Mayor Cherelle Parker proposed a $1 per rideshare ride tax to fund city schools.
- The tax is projected to generate $48 million in new revenue annually for the school district.
- If enacted, it would be Philadelphia's largest new recurring local school funding source since the sales tax.
- The proposed tax would take effect January 1, 2027, pending city council approval.

**Companies:** Lyft, Uber
**Countries:** United States

[Read the full story on Fox News](https://www.foxnews.com/media/philadelphia-mayor-fires-back-uber-lyft-rideshare-tax-plan-dont-believe-ads)

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