The PICA Board met on November 18, 2014, to review financial reports, discuss the City’s pension study, and approve PICA’s annual audit. The Board also examined investment strategies and litigation updates related to the LIBOR benchmark rate.

The PICA Board met on July 21, 2014, to approve the FY2015-2019 Five-Year Financial Plan and discuss tax enforcement strategies. The Board debated cost-cutting measures and concerns over the accuracy of City revenue projections.

The PICA Board met on October 14, 2014, to approve a revised Five-Year Financial Plan, elect officers, and discuss revenue projections. The Board approved the plan with concerns over the City’s long-term financial stability and tax enforcement challenges.