The Board discussed the City’s unaudited FY24 financial results, which showed a $314 million increase in fund balance due to staffing vacancies and higher interest earnings, along with updated Q1 projections for FY25. PICA staff reported on recent and upcoming publications, professional development efforts, and progress on contracts for grants administration analysis and website redesign….

The Board approved resolutions for a website redesign by Karma Dharma, a grants administration analysis contract with Guidehouse, and a compensation adjustment for the Executive Director, following an executive session. Updates from the City covered labor negotiations, upcoming financial reports, and changes in leadership, while PICA staff shared updates on recent publications, the FY24 audit,…

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 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…

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…

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…

The PICA Board met on July 25, 2024, to approve the FY2025-2029 Five-Year Financial Plan, elect Board Officers, and approve the FY25 Board Meeting Calendar. The Board discussed financial risks, including staffing shortages, pension obligations, and declining fund balances.

The PICA Board met on June 18, 2024, to approve auditing and accounting service contracts for the Authority. The Board also discussed the upcoming FY2025-2029 Five-Year Plan and financial challenges facing the City.

The PICA Board met on February 20, 2024, to approve the Authority’s FY25 Operating Budget and select new legal counsel. The Board also discussed City financial trends, including budget surpluses and the ongoing lease renegotiation for PICA’s office.

The PICA Board met on January 16, 2024, to review the City’s FY23 financial performance, approve conference expenses, and discuss leasing options for PICA’s office space. The Board also examined City staffing trends and budget allocations.

The PICA Board met on March 19, 2024, to approve contract extensions for revenue analysis services and legal counsel. The Board also received updates on the City’s upcoming FY25-29 budget, staffing challenges, and financial forecasts.