Summary
The PICA Board convened on March 19, 2024, to address financial oversight matters and approve key contracts. Executive Director Marisa Waxman introduced new legal counsel, Marcel Pratt and Peter Kim of Ballard Spahr, and provided an update on the City’s financial situation. The Board approved a one-year contract extension for Professor Charles Swanson to analyze the City’s tax revenue projections (Resolution 2024-09). Additionally, the Board adopted Resolution 2024-10, recognizing S. William Richter’s long-standing service as PICA’s legal counsel. City officials provided updates on upcoming budgetary changes, projected revenue shifts, and staffing concerns. The meeting concluded with discussions on pension costs, workforce recruitment strategies, and the economic impact of major upcoming events.