News Articles and Press Releases
Press Release
PICA Board Approves City’s Revised FY2019-FY2023 Five Year Plan
December 7, 2018
Press Release announcing that PICA Board Approves City’s Revised FY2019-FY2023 Five Year Plan.
News Articles and Press Releases
Press Release
Revenues, Expenditures, and Fund Balance Higher Than City’s Five Year Plan Projections
November 28, 2018
Press Release announcing PICA Report on the FY21Q1 Quarterly City Managers Report. Quarterly City Managers Report Projects $22.8 Million General Fund Balance for FY2021 .
News Articles and Press Releases
Press Release
City Exceeds Overtime Allocation by $44 Million in FY2018
November 15, 2018
Press Release announcing PICA report on FY18 overtime spending. City Exceeds Overtime Allocation by $44 Million in FY2018 Marks Eighth Consecutive Year of Overspending
News Articles and Press Releases
Press Release
City Ends FY2018 with $228.5 Million Fund Balance
August 28, 2018
This press release announcies PICA's analysis of the FY18Q4 Quarterly City Manager's Report. It found that the City Ends FY2018 with $228.5 Million Fund Balance, Spending Increased by $318 Million Over Last Year.
News Articles and Press Releases
Press Release
PICA Board Unanimously Approves City’s FY2019-FY2023 Five Year Plan
July 25, 2018
Press Release announcing that the PICA Board Unanimously Approves City’s FY2019-FY2023 Five Year Plan and Kevin Vaughan Re-elected Chair of PICA Board
News Articles and Press Releases
Press Release
City Projects FY2018 Year-End Fund Balance Will Grow to $208 Million
May 23, 2018
Press Release announcing PICA report on the FY18Q3 QCMR. City Projects FY2018 Year-End Fund Balance Will Grow to $208 Million.
News Articles and Press Releases
Press Release
City Spends Entire Overtime Allocation Through Third Quarter
April 24, 2018
Press Release announcing PICA Report on FY18Q3 overtime spending. City Spends Entire Overtime Allocation Through Third Quarter, Departments Spent $19 Million More in FY2018 Than at Same Time Last Year
News Articles and Press Releases
Press Release
City’s FY2018 Revenue Collections Increase by $127 Million Through Second Quarter
February 28, 2018
This press release announcies PICA's analysis of the FY18Q2 Quarterly City Manager's Report. It found that the City’s FY2018 Revenue Collections Increase by $127 Million Through Second Quarter
News Articles and Press Releases
Press Release
City Spends $93 Million on Overtime through Second Quarter
January 30, 2018
Press Release announcing FY18Q2 report on overtime spending.
News Articles and Press Releases
Press Release
DROP Costs Pension Fund $62 Million Since 2010
December 12, 2017
Press Release announcing PICA Report on DROP Pension Costs.
News Articles and Press Releases
Press Release
City’s Revenue and Spending Increase in First Quarter of FY2018
December 6, 2017
Press Release announcing PICA Report on the FY18Q1 Quarterly City Managers Report. City’s Revenue and Spending Increase in First Quarter of FY2018.
News Articles and Press Releases
Press Release
City Spends $47 Million in Overtime in First Quarter
November 6, 2017
Press release announcing report on FY18Q1 overtime spending. City Spends $47 Million in Overtime in First Quarter, Seven Key Departments Responsible for 90 Percent of Spending
News Articles and Press Releases
Press Release
City Exceeds Overtime Budget for Seventh Consecutive Year
October 4, 2017
Press Release about PICA's annual report on Overtime Spending for FY17. City Exceeds Overtime Budget for Seventh Consecutive Year, More than Half of City Departments Exceed Overtime Allocations in FY2017
News Articles and Press Releases
Press Release
PICA Board Approves City’s Revised FY2018-FY2022 Five Year Plan
September 19, 2017
Press Release announcing that the PICA Board Approves City’s Revised FY2018-FY2022 Five Year Plan and that Board Voices Concerns Over Arbitration Award Costs.
News Articles and Press Releases
Press Release
City of Philadelphia’s Estimated Fund Balance for FY2017 $48.3 Million Higher Than Projected
August 31, 2017
Press Release announcing PICA report on the FY17Q4 QCMR. City of Philadelphia’s Estimated Fund Balance for FY2017 $48.3 Million Higher Than Projected
News Articles and Press Releases
Press Release
PICA Board Unanimously Approves City of Philadelphia’s FY2018 to FY2022 Five Year Plan
July 18, 2017
Press Release announcing that the PICA Board Unanimously Approves City of Philadelphia’s FY2018 to FY2022 Five Year Plan and Kevin Vaughan Re-elected Chair of PICA Board