Summary
The PICA Board convened on October 20, 2020, to review financial policy decisions and departmental spending. Executive Director Harvey Rice presented updates on tax revenue performance and PICA’s annual financial audit, which resulted in a clean opinion. The Board approved funding reallocations for public safety capital projects, ensuring continued infrastructure improvements. Discussions centered on the City’s overtime reduction plan, with Board Members criticizing its lack of clear accountability measures. The meeting concluded with an update on investment strategies and economic recovery projections.