Summary
The Board discussed the City’s unaudited FY24 financial results, which showed a $314 million increase in fund balance due to staffing vacancies and higher interest earnings, along with updated Q1 projections for FY25. PICA staff reported on recent and upcoming publications, professional development efforts, and progress on contracts for grants administration analysis and website redesign. The Board was also reminded of upcoming deadlines for member reappointments and PICA’s participation in an upcoming City Council hearing.