The PICA Board approved the first one-year renewal of its contract with Maher Duessel LLP to provide financial auditing services for the fiscal year ending June 30, 2026. This renewal covers services from January 1 to December 31, 2026, and includes an option for further annual renewals at the Authority’s discretion. The resolution authorizes necessary…

The PICA Board unanimously approved the City of Philadelphia’s FY26–30 Five-Year Financial Plan after determining it met all requirements under the PICA Act and the Intergovernmental Cooperation Agreement. The resolution affirms that the Plan includes reasonable assumptions and maintains statutory fiscal standards. The vote passed with the required qualified majority.

The Board discussed the City’s newly adopted FY26 budget and upcoming submission of the FY26–30 Five-Year Plan to PICA, including updates on grants, affordable housing tax exemptions, and pending labor agreements. PICA staff shared recent publications, outlined areas of upcoming research, and reported on organizational activities such as community engagement, conference participation, and budget performance….

The Board will meet to review updates from the City and staff, including reports from the Executive Director and Treasurer, followed by an opportunity for public comment. Members will consider and vote on five resolutions, including approval of the FY26–30 Five-Year Plan, renewals of audit and accounting services, election of Board officers, and the FY26…

The PICA Board unanimously adopted a resolution honoring Deidre Morgenstern for 30 years of exemplary service to the Authority. She has played a vital role in financial operations, including overseeing PICA Tax transfers and supporting audits, while serving under six executive directors and across five mayoral administrations. The resolution highlights her lasting contributions to Philadelphia’s…

The Board received updates on the City’s budget process, economic risks related to federal policy, and ongoing Five-Year Plan analysis, including assumptions around vacancies and fund balances. Guidehouse presented recommendations for centralizing grants administration, projecting potential annual returns of $26 million, though Board members expressed concern about feasibility given federal uncertainty. The meeting also covered…

At this meeting, the Board will receive updates from the City, reports from the Executive Director and Treasurer, and open the floor for public comment. Members will vote on three resolutions concerning the renewal of audit and accounting services, and a recognition of Deidre Morgenstern for 30 years of service to PICA. The Board will…

The Board reviewed the City’s proposed FY26–30 Five-Year Plan and FY26–31 Capital Program, highlighting public safety investments, labor reserve increases, and planned tax reforms. Members also discussed and approved Resolution 2025-11, which recommends eliminating the independently elected offices of the Sheriff and Register of Wills, citing fiscal and operational concerns. Several members of the public…

PICA’s Board reaffirmed its long-standing recommendation to eliminate Philadelphia’s independently elected row offices of the Sheriff and Register of Wills, citing persistent operational, financial, and accountability failures. The resolution references prior audit findings and media reports documenting systemic issues, including poor fiscal controls, service delays, and alleged politically motivated employment practices. The Board urges City…

The Board heard a detailed presentation on the proposed FY26 Commonwealth budget, including investments in education, healthcare, and cannabis regulation, followed by a discussion on the future of Philadelphia’s row offices. Updates from the City covered Q2 fiscal projections and new federal funding reserves. The Board approved three resolutions: revenue analysis services, PICA’s FY26 operating…

At this meeting, the Board approved the reappointment of Executive Director Marisa Waxman and received updates from the City, including labor contract developments and early FY26 budget planning. Staff highlighted delayed responses from the City regarding wellness center spending and previewed upcoming reports on tax revenue forecasting and overtime. The Treasurer’s Report and a discussion…

In addition to regular reports and City updates, the Board will hear a presentation on grants administration benchmarking and recommendations. Members will review the minutes from the March meeting and open the floor for public comment. The agenda will also include time for new business before adjourning.