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June 16, 2015 Board Meeting Minutes
The PICA Board met on June 16, 2015, to review budget expenditures, discuss real estate tax appeals, and assess pension fund risks. The Board debated strategies for improving City tax collections and resolving backlogged property tax assessments.
May 19, 2015 Board Meeting Minutes
The PICA Board met on May 19, 2015, to approve the FY16 Operating Budget, review financial reports, and discuss the Five-Year Plan review process. The Board approved the budget and discussed City department funding needs, tax revenue trends, and costs related to the Pope’s visit.
April 21, 2015 Board Meeting Minutes
The PICA Board met on April 21, 2015, to review financial updates, discuss the Five-Year Plan review process, and receive reports on pension funding and litigation. The Board also discussed City tax revenue performance and ongoing budget hearings.
January 20, 2015 Board Meeting Minutes
The PICA Board met on January 20, 2015, to reappoint Executive Director Harvey Rice, discuss tax revenue performance, and review the City’s pension system audit. The Board also received updates on PICA’s revenue recovery efforts and pending legislative changes.
November 18, 2014 Board Meeting Minutes
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.
July 21, 2014 Board Meeting Minutes
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.
October 14, 2014 Board Meeting Minutes
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.