Summary
The PICA Board convened on June 19, 2018, to discuss tax revenue updates, expenditure trends, and ongoing budgetary concerns. Executive Director Harvey Rice presented the latest financial reports, highlighting that wage tax revenue exceeded projections but property tax collections remained below expectations. The Board approved Resolution 2018-08, extending Charles Swanson’s contract to provide revenue analysis for the Five-Year Plan review. Discussions also covered overtime trends, particularly in the Police and Fire Departments, where costs continued to exceed budgeted levels. The meeting concluded with updates on PICA’s role in financial oversight and upcoming budget hearings.