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October 20, 2015 Board Meeting Minutes
The PICA Board met on October 20, 2015, to review tax revenue performance, discuss the backlog of real estate tax appeals, and assess the financial impact of the Pope’s visit. The Board also debated hiring external contractors to expedite property assessment appeals.
November 17, 2015 Board Meeting Minutes
The PICA Board met on November 17, 2015, to review the annual audit report, discuss the financial impact of the Pope’s visit, and address City overtime costs. The Board also raised concerns over a new $83 million Unified Call Center contract.
January 19, 2016 Board Meeting Minutes
The PICA Board met on January 19, 2016, to discuss City budget processes, pension fund performance, and the impact of state budget delays on Philadelphia. The Board also reviewed tax revenue trends and the transition to program-based budgeting for FY17.
February 16, 2016 Board Meeting Minutes
The PICA Board met on February 16, 2016, to review financial reports, approve the FY17 PICA Operating Budget, and discuss City pension issues. The Board approved a resolution urging the City to adopt pension reforms while debating funding strategies for the pension system.
May 19, 2015 Board Meeting Minutes
The PICA Board met on May 19, 2015, to approve the FY16 Operating Budget, review financial reports, and discuss the Five-Year Plan review process. The Board approved the budget and discussed City department funding needs, tax revenue trends, and costs related to the Pope’s visit.
June 16, 2015 Board Meeting Minutes
The PICA Board met on June 16, 2015, to review budget expenditures, discuss real estate tax appeals, and assess pension fund risks. The Board debated strategies for improving City tax collections and resolving backlogged property tax assessments.
July 16, 2015 Board Meeting Minutes
The PICA Board met on July 16, 2015, to approve the FY2016-2020 Five-Year Financial Plan, elect officers, and discuss pension fund investment challenges. The Board debated the City’s assumptions about long-term revenue growth and labor costs.
November 18, 2014 Board Meeting Minutes
The PICA Board met on November 18, 2014, to review financial reports, discuss the City’s pension study, and approve PICA’s annual audit. The Board also examined investment strategies and litigation updates related to the LIBOR benchmark rate.
January 20, 2015 Board Meeting Minutes
The PICA Board met on January 20, 2015, to reappoint Executive Director Harvey Rice, discuss tax revenue performance, and review the City’s pension system audit. The Board also received updates on PICA’s revenue recovery efforts and pending legislative changes.
April 21, 2015 Board Meeting Minutes
The PICA Board met on April 21, 2015, to review financial updates, discuss the Five-Year Plan review process, and receive reports on pension funding and litigation. The Board also discussed City tax revenue performance and ongoing budget hearings.
Ballard Spahr General Counsel Contract 02_20_24
The General Counsel contract includes both the RFP issued by PICA requesting legal services and the response from the successful respondent, Ballard Spahr LLP. The document outlines the scope of work to be provided and the fees for those services.
Intergovernmental Cooperation Agreement by and between Pennsylvania Intergovernmental Cooperation Authority and the City of Philadelphia
The PICA-City Intergovernmental Cooperation Agreement is a signed agreement between the City of Philadelphia and the Pennsylvania Intergovernmental Cooperation Authority outlining how they will interact in accordance with the PICA Act. This agreement was updated in June 2023 following amendments to the PICA Act that included extending the life of PICA until at least 2047.