PICA’s FY27 adopted budget totals $1.99 million in revenues and $1.74 million in expenditures, maintaining a $250,000 fund balance to ensure operational flexibility. Approximately 74 percent of operating costs are covered by existing surplus, with the remainder supported by interest earnings and a transfer from the PICA Tax. The budget reflects a 3.3 percent increase…

PICA’s FY26 budget totals $1.69 million in expenditures, funded primarily by a surplus from the operating account, with a modest transfer from the PICA Tax and projected interest earnings. Expenditures are down 4% from FY25, largely due to the completion of one-time initiatives, and the budget introduces a 17% fund balance consistent with best practices.

PICA’s FY25 adopted budget totals $1.78 million in both revenues and expenditures, fully supported by existing operating account surplus from prior-year underspending. The budget funds five staff positions and core oversight activities, with investments in professional services, technology, and potential moving and capital costs if a new lease is approved. Operating without any outstanding debt,…