February 19, 2019 Board Meeting Minutes
The PICA Board held a special meeting on February 19, 2019, to receive a presentation from Pew Charitable Trusts on Rainy Day Funds. The Board also reviewed the City’s QCMR, tax revenue performance, and overtime spending trends.
May 22, 2018 Board Meeting Minutes
The PICA Board met on May 22, 2018, to review quarterly financial reports, discuss labor contract negotiations, and approve an auditing services contract. The Board approved Resolution 2018-07, engaging Maher Duessel for financial auditing.
June 19, 2018 Board Meeting Minutes
The PICA Board met on June 19, 2018, to review financial reports, approve a contract extension for revenue consulting, and discuss overtime spending. The Board approved Resolution 2018-08, extending Charles Swanson’s contract for revenue forecasting.
July 25, 2018 Board Meeting Minutes
The PICA Board met on July 25, 2018, to approve the FY2019-2023 Five-Year Financial Plan and elect Board officers. The Board approved Resolution 2019-01, endorsing the plan while noting concerns about pension funding and wage tax trends.
September 18, 2018 Board Meeting Minutes
The PICA Board met on September 18, 2018, to approve a consulting contract for a Police Court Overtime Study and review tax revenue updates. The Board approved Resolution 2019-04, authorizing a consultant to assess police overtime trends.
October 16, 2018 Board Meeting Minutes
The PICA Board met on October 16, 2018, to discuss City pension funding challenges and ongoing financial reporting concerns. The Board heard a presentation from the Board of Pensions and Retirement on investment strategies and pension reform efforts.
February 20, 2018 Board Meeting Minutes
The PICA Board met on February 20, 2018, to approve the FY2019 PICA Operating Budget and discuss tax revenue projections. The Board approved Resolution 2018-06, adopting the budget while highlighting concerns about rising overtime costs.
April 17, 2018 Board Meeting Minutes
The PICA Board met on April 17, 2018, to discuss economic forecasts, tax collection performance, and the impact of remote work on revenue projections. The Board also reviewed upcoming budget priorities and ongoing litigation affecting City finances.
October 17, 2017 Board Meeting Minutes
The PICA Board met on October 17, 2017, to review tax revenue collections, overtime spending, and financial audit results. The Board also received a presentation from the Office of Innovation and Technology (OIT) on IT infrastructure and cyber security concerns.
November 21, 2017 Board Meeting Minutes
The PICA Board met on November 21, 2017, to review financial reports, discuss capital project funding, and hear a presentation from the Philadelphia Chamber of Commerce. The Board approved Resolution 2018-05, reallocating $420,000 in funds for Free Library roof repairs.
January 16, 2018 Board Meeting Minutes
The PICA Board met on January 16, 2018, to review tax revenue trends, discuss DROP policy reforms, and hear a presentation from the Center City District on tax policy proposals. The Board also discussed the long-term impact of tax reductions on job growth.
March 21, 2017 Board Meeting Minutes
The PICA Board met on March 21, 2017, to review the Mayor’s Proposed Five-Year Financial Plan and discuss the City’s sanctuary city policies. The Board also approved a new four-year lease agreement for office equipment.