The PICA Board met on April 16, 2019, to approve consulting services for the FY2020-2024 Five-Year Financial Plan review and discuss a potential bond refunding transaction. The Board approved Resolutions 2019-08 and 2019-09, engaging Charles Swanson for revenue analysis and issuing an RFP for a financial advisor.

The PICA Board met on March 19, 2019, to review the City’s FY2020-FY2024 Five-Year Financial Plan, tax revenue updates, and overtime expenditures. The Board approved Resolution 2019-07, adopting PICA’s FY2020 Operating Budget.

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.

The PICA Board met on January 17, 2019, to approve the reappointment of Executive Director Harvey Rice and discuss financial reporting updates. The Board approved Resolution 2019-06, reaffirming Mr. Rice’s leadership, and discussed tax revenue trends and bank reconciliations.

The PICA Board held a special meeting on December 7, 2018, to approve a revised FY2018-2022 Five-Year Financial Plan following an arbitration award for District Council 33. The Board approved the revised plan and discussed its financial implications.

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.

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.

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.

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.

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.

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.

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.