Press Release


View all publications here.

PICA Board Unanimously Approves City of Philadelphia’s FY2025-FY2029 Five Year Financial Plan

Press Release announcing that PICA Board Unanimously Approves City of Philadelphia’s FY2025-FY2029 Five Year Financial Plan.

Marisa Waxman Appointed as Executive Director of Pennsylvania Intergovernmental Cooperation Authority (PICA): Harvey Rice Announces Retirement

Press Release announcing Marisa Waxman has been appointed Executive Director of PICA, effective October 2023.

FY2023 Fund Balance Projected to be $614.9 Million

Press Release announcing PICA report on the FY23Q3 QCMR. FY2023 Fund Balance Projected to be $614.9 Million, Obligations Projected to Outpace Revenues.

FY2023 Fund Balance Projected to Exceed $500 Million

Press release announcing PICA report on the FY23Q1 QCMR. FY2023 Fund Balance Projected to Exceed $500 Million, Obligations Projected to Outpace Revenues.

PICA Board Unanimously Approves City’s FY2023-FY2027 Five Year Plan

Press Release announcing that thePICA Board Unanimously Approves City’s FY2023-FY2027 Five Year Plan and Kevin Vaughan Re-elected Chair.

FY2023 Fund Balance Projected to be $660.5 Million

Press release announcing PICA’s report on the FY23Q2 Quarterly City Managers Report. FY2023 Fund Balance Projected to be $660.5 Million Obligations Projected to Outpace Revenues.

Legislation Extending PICA Signed by Governor Wolf

Press Release announcing that Governor Wolf signed legislation to Extend PICA beyond its June 2023 expiration. This renewal of authorization was signed on July 8, 2022

PICA Board Unanimously Approves City’s Revised FY2022-FY2026 Five Year Plan

Press Release announcing that the PICA Board Unanimously Approves City’s Revised FY2022-FY2026 Five Year Plan.

City’s FY2022 Spending Projected to Outpace Revenues by $288 Million

Press Release announcing PICA Report on the FY22Q2 QCMR. City’s FY2022 Spending Projected to Outpace Revenues by $288 Million Year-End Fund Balance Projected at $133.7 Million

Philadelphia Ranks Near Bottom in Reserve Funds, Fund Balance when Compared with Other Cities

Press Release announcing PICA report on Fund Balance and Reserves. Philadelphia Ranks Near Bottom in Reserve Funds, Fund Balance when Compared with Other Cities.

City’s FY22 Spending Projected to Outpace Revenues by $358 Million

Press release announcing PICA report on the FY22Q1 QCMR.City’s FY2022 Spending Projected to Outpace Revenues by $358 Million, Year-End Fund Balance Projected at $133.9 Million

PICA Board Unanimously Approves City’s FY2022-FY2026 Five Year Plan

Press Release announcing that the PICA Board Unanimously Approves City’s FY2022-FY2026 Five Year Plan and Kevin Vaughan Re-elected Chair.

Press Release Pagination