PICA Board Recognizes Former Chair Suzanne Biemil...

On April 19, 2016, the PICA Board unanimously passed a resolution recognizing Suzanne Biemiller, who served with distinction as the Board’s Chair in 2015 and 2016. Click here to read the full resolution.

Just Released: PICA Releases March Revenue Report for the City of Philadelp...

City of Philadelphia Tax Revenue Update for March 2016  Wage and earnings and real estate transfer tax collections continue to perform above projected growth rates Total FY16 City General Fund tax revenue increased 5.8 percent through March, as compared to the same period in FY15. According to the City’s preliminary revenue report, FY16 General Fund […]

PICA Issues Monthly City Tax Revenue Update for Febru...

Through February, City General Fund tax revenue increased 3.9 percent compared to the same period in FY15. Wage, sales, and real estate transfer taxes continue to perform well, and for these taxes the City has revised its FY16 projections upward. Projected FY16 business income and receipts tax revenue has been reduced due to lower-than-expected FY15 […]

PICA Issues Staff Report on Quarterly City Manager’s Report, Q2 FY2...

PICA staff reports that in the City’s Quarterly City Manager’s Report (QCMR) for the second quarter of  FY16, the City’s projected Fund Balance is $15.9 million higher than projected in the FY16-20 Five Year Financial Plan. This represents a projected increase of $3 million from the first quarter QCMR. Additionally, FY16 Genereal Fund tax revenue is projected […]

PICA Releases Report On City Performa...

PICA today released “City of Philadelphia Performance: Measurement, Reporting and Accountability,” its first report on the performance of City government. The report analyzes the goals and performance measures of 21 key City departments. While the report’s findings cover the previous administration, the new Kenney Administration has reviewed the report and expressed a commitment to implementing […]

PICA Annual Report for Fiscal Year 2...

The PICA statute requires the Authority to file an annual report with Commonwealth and City officials “describing its progress with respect to restoring the financial stability of assisted cities and achieving balanced budgets for assisted cities…” The annual report for year ended June 30, 2015 includes an overview of PICA and its role, a discussion […]

PICA Posts Special Pension Commission Rep...

For Special Pension Commission Report, click here. For Exhibit 1 – Comparison Study for Act 44 Benefit Plan Study, click here.

May 2016
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April 24, 2016 April 25, 2016 April 26, 2016 April 27, 2016 April 28, 2016 April 29, 2016 April 30, 2016
May 1, 2016 May 2, 2016 May 3, 2016 May 4, 2016 May 5, 2016 May 6, 2016 May 7, 2016
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Category: GeneralPICA Board Meeting

May 18, 2016 May 19, 2016 May 20, 2016 May 21, 2016
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