Pennsylvania Intergovernmental Cooperation Authority, Inc.

Newest PICA Publications

• Quarterly OT Report FY26 Q2

  Citywide overtime spending reached $156.4 million through FY26 Q2, $3.2 million higher than the same period last year, with full-year spending projected to reach $340.0 million. Overtime remains driven by persistent staffing vacancies, pay increases, and operational demands such as special events and winter preparedness, though improving staffing levels have helped reduce the General Fund…

  March 4, 2026

  

• QCMR Summary FY26 Q2

  The City projects a FY26 General Fund balance of $509.2 million, or 8.1 percent of revenues, supported by a historically high starting balance even as operating deficits grow due to new reserve set asides and $50.0 million in unanticipated snow response costs. Total revenues are projected to be slightly above the Approved FY26–30 Plan for…

  February 26, 2026

  

• 5 Wishes for the FY27-31 5YP

  As the City of Philadelphia prepares its FY27–31 Five-Year Financial Plan, PICA outlines five recommendations to strengthen the Plan’s transparency and accuracy and to improve the City’s fiscal condition. These include maintaining reserves and pension funding commitments, scoping initiatives more accurately, ensuring an adequate labor reserve, publishing capital spending data, and making staff vacancy assumptions…

  January 21, 2026