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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.
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.
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.
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.
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.
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.
April 28, 2017 Board Meeting Minutes
The PICA Board held a special meeting on April 28, 2017, to approve the FY2018 PICA Operating Budget and engage an economist for revenue analysis. The Board approved Resolution No. 7, adopting the budget and Resolution No. 8, engaging Charles Swanson for revenue forecasting.
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.
April 18, 2017 Board Meeting Minutes
The PICA Board met on April 18, 2017, to review the FY2018-2022 Five-Year Financial Plan and discuss the DROP pension study. The Board heard presentations from City officials on revenue forecasts, labor costs, and capital budget priorities.
June 20, 2017 Board Meeting Minutes
The PICA Board met on June 20, 2017, to discuss the City’s FY2018-2022 Five-Year Financial Plan review process, tax revenue trends, and arbitration settlement costs. The Board approved Resolution No. 12, engaging Parker Bond Consulting for arbitrage services.
July 18, 2017 Board Meeting Minutes
The PICA Board met on July 18, 2017, to approve the FY2018-2022 Five-Year Financial Plan and elect Board officers. The Board approved Resolution No. 1, endorsing the plan while discussing concerns over pension funding and school district finances.
September 19, 2017 Board Meeting Minutes
The PICA Board met on September 19, 2017, to approve a bond refunding resolution and review the Police Court Overtime Study findings. The Board approved Resolution 2020-05, authorizing bond refunding while highlighting the need for better cost control.