The PICA Board approved the City of Philadelphia’s FY27-31 Five-Year Plan after determining that it meets the applicable requirements, criteria, and standards of the PICA Act and Intergovernmental Cooperation Agreement. The resolution follows PICA staff review of the Plan and formal submission of a Staff Report to the Board. The vote passed with the required…

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. Alan Kessler was elected Chairperson, Rosalind Sutch as Vice Chairperson, Michael Karp as Secretary/Treasurer, and Patrick Burns as Assistant Secretary/Treasurer. The resolution took effect immediately upon its approval.

The PICA Board approved its schedule of regular meetings for Fiscal Year 2027 and the Annual Meeting for Fiscal Year 2028, as required under the Pennsylvania Sunshine Act. Meetings will be held monthly at 12:15 p.m., Philadelphia local time, in PICA’s conference room at 1500 Walnut Street, with details also available on the Authority’s website….

The PICA Board approved the second one-year renewal of J. Miller & Associates, LLC to provide accounting services for the Authority from July 1, 2026 through June 30, 2027. The renewal continues the existing engagement under terms that allow for additional one-year extensions at the Authority’s discretion. The resolution also authorizes the execution of related…

The PICA Board approved the second one-year renewal of Maher Duessel LLP to provide financial auditing services for the Authority for the fiscal year ending June 30, 2027. The renewal continues the engagement under the terms of the original agreement, which allows for additional one-year extensions at the Authority’s discretion. The resolution also authorizes the…

The PICA Board approved and adopted the Authority’s operating budget for the fiscal year ending June 30, 2027, as required under the PICA Act. The resolution authorizes the Chairperson or Vice Chairperson to submit the approved budget to the Governor and General Assembly of the Commonwealth of Pennsylvania.

The PICA Board approved the retention of Charles Swanson to conduct an independent review of the City’s revenue assumptions and projections in the FY2027–FY2031 Five-Year Financial Plan. The engagement, for a fee not to exceed $9,000, supports PICA’s statutory responsibility to evaluate the reasonableness of the Plan’s underlying assumptions. The resolution authorizes the necessary actions…

The PICA Board approved the second one-year renewal of its engagement with Ballard Spahr LLP to provide General Counsel services, effective February 20, 2026. The renewal is authorized under the terms of the original agreement, which allows for additional one-year extensions at the Authority’s discretion. The resolution also ratifies prior related actions and takes effect…

The PICA Board approved a 3.3 percent increase in compensation for the Executive Director, effective November 1, 2025, in line with cost of living adjustments received by members of PICA’s staff. The resolution also adjusts the Executive Director’s paid leave accrual rate to reflect updated benefits. These changes recognize strong performance over the past year…

The PICA Board approved the use of up to $10 million in surplus PICA bond proceeds to support the Cobbs Creek Wetland Mitigation Project, a public-private initiative led by the Cobbs Creek Foundation. The project will restore three miles of stream and 25 acres of wetlands, improving flood mitigation, water quality, and community access to…

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.