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As part of PICA's advisory role, PICA Staff prepare reports on the annual Five-Year Plan presented by the City, Issue Papers on topics relating to City management and the City's economy, an annual report on the status of PICA operations, and miscellaneous testimony and press releases on issues impacting the City's finances.
Issue Papers
         Consolidating Philadelphia's Row Offices
         The Fiscal Situation Facing the New Mayor
         Translating Philadelphia's FY07 Ending Fund Balance
         Facility Assessment Project
         City Budget Behind bars: Increasing Prison Population Drives Rapidly Escalating Costs
         City Budget Behind bars: Increasing Prison Population Drives Rapidly Escalating Costs (powerpoint summary)
         Translating Philadelphia's FY06 Ending Fund Balance
         Health/Medical Benefits: Burning a Hole in The Budget
         Health/Medical Benefits: Burning a Hole in The Budget (powerpoint summary)
         Look Before You Leap - The Fiscal Situation that Awaits the Next Mayor
         Look Before You Leap - The Fiscal Situation that Awaits the Next Mayor (powerpoint summary)
         Reversing the Trend of Doing Too Little with Too Much: Maintaining the City’s Infrastructure While Reducing Its Dangerously High Debt Load
         Reversing the Trend of Doing Too Little with Too Much: Maintaining the City’s Infrastructure While Reducing Its Dangerously High Debt Load (powerpoint summary)
         An Ounce of Prevention: Managing the Ballooning Liability of Philadelphia’s Pension Fund
         An Ounce of Prevention: Managing the Ballooning Liability of Philadelphia’s Pension Fund (powerpoint summary)
         Translating Philadelphia's FY 2005 Ending Fund Balance: Happy Days Are Not Here Again
         From Virtual Realty to Full Value Realty: Preparing for Reassessment
         From Virtual Realty to Full Value Realty: Preparing for Reassessment (powerpoint summary)
         The Crime of Inefficiency: The Cost of Policing Philadelphia
         Philadelphia's Fiscal Challenge: Finding A Way To Save
         Good Policy Demands Better Measurement: Philadelphia's Economic Development Program
         Philadelphia Must Reduce Its Need for Tax Revenues
         The Adverse Consequences of Philadelphia's Continuing Population Loss
         Caution: Severe Threats to Philadelphia's Fund Balance Ahead
         Court Unification and State-Wide Funding: Future Five-Year Financial Plan, Implications for the City of Philadelphia
         Philadelphia Government Costs: Additional Reductions Required
         Revenue Stress in the City of Philadelphia
         Continuing Economic Decline: A Foreboding Future for Philadelphia
         Staff Report on the State Funding of the Department of Human Services
Annual Reports
         FY2009 Annual Report
         FY2008 Annual Report
         FY2007 Annual Report
         FY2006 Annual Report
         FY2005 Annual Report
         FY2004 Annual Report
         FY2003 Annual Report
         FY2002 Annual Report
         FY2001 Annual Report
         FY2000 Annual Report
         FY99 Annual Report
         FY98 Annual Report
Revenue Bonds
      2010 Bond Documents: Regarding Special Tax Revenue Refunding Bonds
      2009 Bond Documents: Regarding Special Tax Revenue Refunding Bonds
      2008 Bond Documents: Regarding Special Tax Revenue Refunding Bonds
      2006 Bond Documents: Regarding Special Tax Revenue Refunding Bonds
      2003 Bond Documents: Regarding Special Tax Revenue Refunding Bonds
      1999 Bonds: Interest Rate Swap Transaction Option
      1999 Bonds Basis Cap Confirm
PICA Staff Report on the City of Philadelphia's Quarterly City Manager's Report
Fourth Quarter of FY 2010.PDF - Fourth Quarter of FY 2010 Regarding the City of Philadelphia's Quarterly City Manager's Report, August 16, 2010
Third Quarter of FY 2010.PDF - Third Quarter of FY 2010 Regarding the City of Philadelphia's Quarterly City Manager's Report, May 17, 2010
Second Quarter of FY 2010.PDF - Second Quarter of FY 2010 Regarding the City of Philadelphia's Quarterly City Manager's Report, February 23, 2010
First Quarter of FY 2010.PDF - First Quarter of FY 2010 Regarding the City of Philadelphia's Quarterly City Manager's Report, November 16, 2009
+ FY2007
+ FY2006
+ FY2005
Testimony/Letters
        PICA Board approves FY10-FY14 Five-Year Plan with certain caveats
        PICA notifies City of variance in Financial Plan
        PICA urges City to appeal Firefighters Award
        Executive Director's Testimony before the Senate Urban Affairs Committee, July 25, 2007
        PICA's June 18th Letter on the City's FY'08 - FY'12 Plan
        PICA's May 16th Letter on the City's FY'08 - FY'12 Plan
        PICA's March 23rd Letter analyzing the impact of the loss of gaming revenues on the FY08-FY12 Five Year Plan
        Executive Director's Testimony before City Council's Labor and Civil Service Committee. February 27, 2007
        Executive Director's Testimony on the proposed transfer of $30M to fund capital projects December 7, 2006
        PICA's October 16th Letter Opposing the $150M Bond Issue
        PICA's April 26th Letter on the City's FY'07 - FY'11 Plan
        Executive Director's Testimony on the Business Privilege Tax Legislation November 17, 2005
        PICA's March 6th Letter on the City's FY'07 - FY'11 Plan
        Executive Director's Testimony before the House Urban Affairs Committee on the BRT's Full Valuation Project
        Executive Director's Testimony - Recommendations of the Tax Reform Commission February 25, 2004
        Executive Director's Testimony - Recommendations of the City Controller's Tax Structure Analysis Report February 12, 2002
        Executive Director's Testimony - Proposed Residence Requirement. November 28, 2001
        Executive Director's Testimony - Proposed Rainy Day Fund. October 24, 2001
        Executive Director's Testimony - Proposed Rainy Day Fund. January 31, 2001
        Executive Director's Testimony - Proposed agreement to build new stadia in Philadelphia. December 1, 2000
We welcome your questions and comments. Please email any feedback to info@picapa.org