Summary
The Board approved the City’s FY26–30 Five-Year Plan after staff confirmed it met PICA Act requirements, with members highlighting labor reserves, staffing assumptions, and funding for schools and SEPTA. The Board also approved resolutions renewing audit and accounting services, re-electing current Board officers, and adopting the FY26 meeting schedule. Staff reported on the release of the Five-Year Plan Staff Report, progress on PICA’s audit, and year-end financials showing spending below budget and strong PICA Tax collections.