The PICA Board met on June 20, 2017, to discuss the City’s FY2018-2022 Five-Year Financial Plan review process, tax revenue trends, and arbitration settlement costs. The Board approved Resolution No. 12, engaging Parker Bond Consulting for arbitrage services.

The PICA Board met on July 18, 2017, to approve the FY2018-2022 Five-Year Financial Plan and elect Board officers. The Board approved Resolution No. 1, endorsing the plan while discussing concerns over pension funding and school district finances.

The PICA Board met on September 19, 2017, to approve a bond refunding resolution and review the Police Court Overtime Study findings. The Board approved Resolution 2020-05, authorizing bond refunding while highlighting the need for better cost control.

The PICA Board met on August 31, 2016, to approve the FY2017-2021 Five-Year Financial Plan and discuss pension funding challenges. The Board expressed concerns about labor obligations exceeding reserves and the long-term fiscal sustainability of the City’s pension system.

The PICA Board met on October 18, 2016, to review quarterly financial updates, discuss the upcoming annual report, and plan its third annual fall conference. The Board also debated the impact of the Sweetened Beverage Tax and potential legal risks.

The PICA Board met on November 15, 2016, to review City financial reports, discuss overtime spending, and hear a presentation from the Board of Pensions and Retirement. The Board raised concerns about the pension system’s low funded ratio and its impact on the City’s financial stability.

The PICA Board met on December 19, 2016, to review financial updates, reappoint Executive Director Harvey Rice, and discuss the Sweetened Beverage Tax legal challenge. The Board also planned an upcoming meeting with the City Managing Director to address overtime spending.

The PICA Board met on January 18, 2017, to review financial updates, discuss overtime spending, and receive a legal update on the Sweetened Beverage Tax. The Board also approved commissioning a study on Police overtime related to court appearances.

The PICA Board met on March 15, 2016, to review the Five-Year Financial Plan, approve the election of a new Board Chair, and discuss the proposed Sweetened Beverage Tax. The Board approved Kevin Vaughan as Chair and debated the tax’s impact on bond ratings and revenue forecasts.

The PICA Board met on April 19, 2016, to review real estate tax assessments, discuss tax collection trends, and approve a resolution thanking former Chair Suzanne Biemiller for her service. The Board also received updates on the City’s Five-Year Plan review process.

The PICA Board met on May 17, 2016, to review the Five-Year Plan review process, approve a motion to study DROP costs, and discuss the Sweetened Beverage Tax’s financial impact. The Board approved a motion to work with the City and Council on an updated DROP analysis.

The PICA Board met on June 21, 2016, to review budget performance, approve contracts for revenue analysis and arbitrage services, and discuss overtime spending related to the Democratic National Convention (DNC). The Board approved resolutions engaging Charles Swanson for revenue forecasting and Parker Bond Consulting for arbitrage calculations.