Just Released: PICA Issues Staff Report on City’s 3rd Quarter City Manager’s Report

June 3, 2016—PICA’s Staff Report on the City’s Quarterly City Manager’s Report (QCMR) for the third quarter of  FY16 shows the City’s tax revenue is projected at $2,935.8 million, $23.5 million higher than projected in the FY16-20 Five-Year Plan (the Plan). The increase reflects strong performance of wage and earnings, sales and real estate transfer […]

Just Released: PICA’s April Tax Revenue Report for the City of Philadelphia

City of Philadelphia Tax Revenue Update for April 2016 General Fund tax collections through April increased by $117 million (4.8 percent) compared to the prior year However, growth rates for three major taxes – wage, business income and receipts, and sales – remain somewhat below currently projected growth for FY16 According to the City’s preliminary […]

PICA Board Recognizes Former Chair Suzanne Biemiller

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.

PICA Releases March Revenue Report for the City of Philadelphia

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 February

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 FY2016

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 […]

June 2016
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May 29, 2016 May 30, 2016 May 31, 2016 June 1, 2016 June 2, 2016 June 3, 2016 June 4, 2016
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Category: GeneralPICA Board Meeting

June 22, 2016 June 23, 2016 June 24, 2016 June 25, 2016
June 26, 2016 June 27, 2016 June 28, 2016 June 29, 2016 June 30, 2016 July 1, 2016 July 2, 2016