Summary
The PICA Board convened on February 26, 2020, to discuss budgetary issues, revenue performance, and overtime expenditures. Executive Director Harvey Rice reported on tax revenue trends, noting a mix of strong wage tax collections but declining business tax revenues. The Board approved Resolution 2020-07, formalizing the FY2021 PICA Operating Budget. Additional discussions focused on excessive overtime spending across multiple City departments and the need for improved budget controls. The meeting concluded with a closed executive session regarding personnel matters​.