While raising concerns about low fund balances and future labor contracts, the Pennsylvania Intergovernmental Cooperation Authority (PICA) board unanimously approved the city’s five-year plan at its meeting Tuesday.

In the first fiscal quarter that Mayor Kenney was fully in charge, revenues were strong yet use of overtime was the highest it’s been in years.

Hundreds of city employees continue to take advantage of the DROP pension program each year, according to a recent city analysis.

Philadelphia spent $170 million in overtime in fiscal 2016, which was 26 percent over budget.

Philadelphia is counting on its recent good fortune with tax revenue continuing for the next five years as a way to fund new labor agreements and rising pension costs.