Summary
The PICA Board convened on April 28, 2017, to address urgent financial matters and approve key contracts. Executive Director Harvey Rice presented the FY2018 Operating Budget, which included salary increases, IT upgrades, and higher rent expenses. The Board approved Resolution No. 7, adopting the budget, and Resolution No. 8, engaging economist Charles Swanson to assist with revenue projections for the Five-Year Plan review. Additional resolutions approved included retaining Maher Duessel for auditing services (Resolution No. 9) and reallocating capital funds for infrastructure projects (Resolutions No. 10 & No. 11). Discussions concluded with concerns over long-term tax policy effects and business tax litigation​.