News Market: City budget is set

✅ Philly legislators gave preliminary approval yesterday to the city's $7.1 billion budget for the new fiscal year beginning July 1. Final approval is set for next week.

• City Council ended up rejecting Mayor Cherelle Parker's proposed new taxes on hotels and short-term rentals, rideshares and retail deliveries. (KYW)

👀 In a twist, school district officials say 340 classroom-based cuts are going forward this coming year.

• That's despite City Council giving the district a roughly $48 million boost in the budget, which had been added in an attempt to avert those cuts. (Inquirer)

🏀 The Sixers tapped Mike Gansey as the team's new president of basketball operations, the organization revealed yesterday.

• Gansey comes to Philly after 15 seasons with the Cleveland Cavaliers, where he served as assistant general manager and — most recently — general manager.

📵 Pennsylvania begin enforcing its new distracted driving law today after a yearlong warning period.

• Getting caught holding or using your phone while driving will cost you a $50 fine (Axios)