The PICA Board approved its schedule of regular meetings for Fiscal Year 2026 and the Annual Meeting for Fiscal Year 2027, as required under the Pennsylvania Sunshine Act. Meetings will be held monthly at 12:15 p.m. in PICA’s conference room at 1500 Walnut Street, with details also available on the Authority’s website. The resolution ensures…

The PICA Board elected officers for a one-year term at its annual meeting, as required by the PICA Act and the Authority’s bylaws. Kevin Vaughan was elected Chairperson, Alan Kessler as Vice Chairperson, Michael Karp as Secretary/Treasurer, and Rosalind Sutch as Assistant Secretary/Treasurer. The resolution took effect immediately upon its approval.

The PICA Board approved the first one-year renewal of its contract with J. Miller & Associates, LLC to provide accounting services for the period from July 1, 2025 through June 30, 2026. The renewal is based on a prior agreement that allows for up to four one-year extensions at the Authority’s discretion. The resolution authorizes…

The PICA Board approved the first one-year renewal of its contract with Maher Duessel LLP to provide financial auditing services for the fiscal year ending June 30, 2026. This renewal covers services from January 1 to December 31, 2026, and includes an option for further annual renewals at the Authority’s discretion. The resolution authorizes necessary…

The PICA Board unanimously approved the City of Philadelphia’s FY26–30 Five-Year Financial Plan after determining it met all requirements under the PICA Act and the Intergovernmental Cooperation Agreement. The resolution affirms that the Plan includes reasonable assumptions and maintains statutory fiscal standards. The vote passed with the required qualified majority.

The PICA Board unanimously adopted a resolution honoring Deidre Morgenstern for 30 years of exemplary service to the Authority. She has played a vital role in financial operations, including overseeing PICA Tax transfers and supporting audits, while serving under six executive directors and across five mayoral administrations. The resolution highlights her lasting contributions to Philadelphia’s…

PICA’s Board reaffirmed its long-standing recommendation to eliminate Philadelphia’s independently elected row offices of the Sheriff and Register of Wills, citing persistent operational, financial, and accountability failures. The resolution references prior audit findings and media reports documenting systemic issues, including poor fiscal controls, service delays, and alleged politically motivated employment practices. The Board urges City…

PICA approved its FY2026 Operating Budget, ensuring continued funding for the Authority’s financial oversight responsibilities. The approved budget will be submitted to the Governor and General Assembly of Pennsylvania.

PICA retained Charles Swanson to review and analyze revenue assumptions in the City’s FY2026-FY2030 Five-Year Financial Plan, for a fee not exceeding $9,000. This engagement ensures that PICA can assess the accuracy and reasonableness of the City’s financial projections.

PICA selected Karma Dharma to provide website design services, following a competitive RFP process in which 14 proposals were evaluated. The contract, valued at up to $30,000, includes the redesign of PICA’s website and four one-year renewal options at PICA’s discretion.

PICA reappointed Marisa G. Waxman as Executive Director for a new term, effective January 29, 2025. The appointment remains in effect until a successor is appointed, or her employment is otherwise terminated or resigned.

PICA renewed Ballard Spahr LLP’s engagement as General Counsel for one additional year, retroactive to February 20, 2025. The renewal follows the terms of the original agreement, which allows for three one-year renewal options at PICA’s discretion.