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Staff Report on the City of Philadelphia’s FY27-31 Five-Year Plan
Philadelphia’s FY27-31 Five-Year Plan meets PICA Act standards, and continues the commitment to full funding of the Pension Fund and deposits into the Budget Stabilization Reserve and Labor Reserve. The City’s fiscal outlook remains vulnerable to operating deficits, reserve levels below GFOA recommendations, and uncertainty around federal funding, economic conditions, and labor costs. The Staff…
PICA Staff Report on the City of Philadelphia’s FY20-24 Five-Year Plan
PICA’s Staff Report on the City of Philadelphia’s FY20–24 Five-Year Plan recommends board approval. The Plan meets statutory balance requirements and improves near-term stability, but relies on optimistic assumptions and one-time resources that leave the City exposed to economic shocks and long-term structural pressures.
PICA Staff Report on the City of Philadelphia’s FY21-25 Five-Year Plan
PICA’s Staff Report on the City of Philadelphia’s FY21–25 Five-Year Financial Plan recommends approval of the FY21-25 Plan, concluding that the Plan meets statutory requirements while identifying key risks related to revenue volatility, spending assumptions, and the City’s long-term fiscal sustainability.
PICA Staff Report on the City of Philadelphia’s FY26-30 Five-Year Financial Plan
PICA’s Staff Report recommends PICA Board approval of the City of Philadelphia’s FY26–30 Five-Year Plan because it meets the requirements of the PICA Act, projecting positive year-end fund balances despite planned operating deficits from FY26 to FY29. The report highlights reasonable economic and revenue assumptions, the City’s continued investments in reserves, and the substantial $379…
PICA Staff Report on the City of Philadelphia’s FY23-27 Five-Year Plan
PICA’s Staff Report on The Five-Year Financial Plan for FY23-27 outlines Philadelphia’s fiscal projections, budget priorities, and potential financial risks while emphasizing revenue growth and expenditure management.
PICA Staff Report on the City of Philadelphia’s FY24-28 Five-Year Plan
PICA’s Staff Report on The Five-Year Financial Plan for FY24-28 presents a financial roadmap for the City of Philadelphia, outlining revenue projections, expenditure trends, and key fiscal challenges. The plan highlights major risks such as economic volatility, pension funding, and overtime costs while proposing strategies for maintaining fiscal stability.
PICA Staff Report on the City of Philadelphia’s FY25-29 Five-Year Plan
PICA’s Staff Report on The Five-Year Financial Plan for FY25-29 presents Philadelphia’s fiscal outlook, revenue and expenditure projections, and potential budgetary risks over a five-year period.
PICA Staff Report on the City of Philadelphia’s FY18-22 Five-Year Plan
PICA’s Staff Report on The Five-Year Financial Plan for FY18-22 provides a comprehensive financial strategy for Philadelphia, integrating revenue forecasts, expenditure projections, and fiscal policy recommendations.
PICA Staff Report on the City of Philadelphia’s FY19-23 Five-Year Plan as Revised in November 2018
PICA’s Staff Report on The Five-Year Financial Plan for FY19-23 (Revised Nov) updates Philadelphia’s financial outlook, adjusting revenue projections, expenditure forecasts, and fund balance estimates to reflect changing economic conditions and policy priorities.
PICA Staff Report on the City of Philadelphia’s FY22-26 Five-Year Plan
PICA’s Staff Report on The Five-Year Financial Plan for FY22-26 (Revised Oct) updates Philadelphia’s financial projections, incorporating adjustments to tax revenue forecasts, expenditure allocations, and fund balance estimates.
PICA Staff Report on the City of Philadelphia’s FY22-26 Five-Year Plan
PICA’s Staff Report on The Five-Year Financial Plan for FY22-26 sets Philadelphia’s financial trajectory for fiscal years 2022-2026, incorporating economic recovery strategies, budgetary adjustments, and financial risk assessments.
PICA Staff Report on the City of Philadelphia’s FY17-21 Five-Year Plan
PICA’s Staff Report on The Five-Year Financial Plan for FY17-21 outlines Philadelphia’s financial priorities and fiscal strategies, focusing on balancing revenue growth with expenditure controls to maintain budget stability.