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.
Staff Report on the City of Philadelphia's 5 Year
Financial Plan
- Staff Report: FY2012-FY2016
- Staff Report: FY2011-FY2015
- Staff Report: FY2010-FY2014 Plan B
- FY2010-FY2014
- FY2009-FY2013
+ 2006-2010
- PICA Approves Revised FY08-FY12 Plan
- Preliminary Analysis on the amended FY08-FY12 Plan
- FY2008-FY2012
- FY2008-FY2012 powerpoint summary
- Reiteration of the FY'08-'12 report section on the impact of gaming on the City's Five Year Plan
- FY2007-2011
- FY2006-2010
+ 1996-2005
Monthly City Tax Revenue Update
- Monthly Tax Revenue Update: December 2011
- Monthly Tax Revenue Update: November 2011
- Monthly Tax Revenue Update: October 2011
- Monthly Tax Revenue Update: September 2011
- Monthly Tax Revenue Update: August 2011
- Monthly Tax Revenue Update: July 2011
- Monthly Tax Revenue Update: June 2011
- Monthly Tax Revenue Update: May 2011
- Monthly Tax Revenue Update: April 2011
- Monthly Tax Revenue Update: March 2011
- Monthly Tax Revenue Update: February 2011
- Monthly Tax Revenue Update: January 2011
+ CY2010
- Monthly Tax Revenue Update: December 2010
- Monthly Tax Revenue Update: November 2010
- Monthly Tax Revenue Update: October 2010
- Monthly Tax Revenue Update: September 2010
- Monthly Tax Revenue Update: August 2010
- Monthly Tax Revenue Update: July 2010
- Monthly Tax Revenue Update: June 2010
- Monthly Tax Revenue Update: May 2010
- Monthly Tax Revenue Update: April 2010
- Monthly Tax Revenue Update: March 2010
- Monthly Tax Revenue Update: February 2010
- Monthly Tax Revenue Update: January 2010
+ CY2009
- Monthly Tax Revenue Update: December 2009
- Monthly Tax Revenue Update: November 2009
- Monthly Tax Revenue Update: October 2009
- Monthly Tax Revenue Update: September 2009
- Monthly Tax Revenue Update: August 2009
- Monthly Tax Revenue Update: July 2009
- Monthly Tax Revenue Update: June 2009
- Monthly Tax Revenue Update: May 2009
- Monthly Tax Revenue Update: April 2009
- Monthly Tax Revenue Update: March 2009
- Monthly Tax Revenue Update: February 2009
- Monthly Tax Revenue Update: January 2009
+ CY2008
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
+ 1998-2007
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
- First Quarter of FY 2012.PDF - First Quarter of FY 2012 Regarding the City of Philadelphia's Quarterly City Manager's Report, November 15, 2011
- Fourth Quarter of FY 2011.PDF - Fourth Quarter of FY 2011 Regarding the City of Philadelphia's Quarterly City Manager's Report, August 25, 2011
- Third Quarter of FY 2011.PDF - Third Quarter of FY 2011 Regarding the City of Philadelphia's Quarterly City Manager's Report, May 16, 2011
- Second Quarter of FY 2011.PDF - Second Quarter of FY 2011 Regarding the City of Philadelphia's Quarterly City Manager's Report, February 15, 2011
- First Quarter of FY 2011.PDF - First Quarter of FY 2011 Regarding the City of Philadelphia's Quarterly City Manager's Report, November 15, 2010
+ FY2010
- 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
- Fourth Quarter of FY 2007.PDF - Fourth Quarter of FY 2007 Regarding the City of Philadelphia's Quarterly City Manager's Report, August 15, 2007
- Third Quarter of FY 2007.PDF - Third Quarter of FY 2007 Regarding the City of Philadelphia's Quarterly City Manager's Report, May 15, 2007
- Second Quarter of FY 2007.PDF - Second Quarter of FY 2007 Regarding the City of Philadelphia's Quarterly City Manager's Report, February 16, 2007
- First Quarter of FY 2007.PDF - First Quarter of FY 2007 Regarding the City of Philadelphia's Quarterly City Manager's Report
+ FY2006
- Fourth Quarter of FY 2006.PDF - Regarding the City of Philadelphia's Quarterly City Manager's Report, August 29, 2006
- Third Quarter of FY 2006.PDF - Regarding the City of Philadelphia's Quarterly City Manager's Report, May 23, 2006
- Second Quarter of FY 2006.PDF - Regarding the City of Philadelphia's Quarterly City Manager's Report, February 27, 2006
- First Quarter of FY 2006.PDF - Regarding the City of Philadelphia's Quarterly City Manager's Report, November 22, 2005
+ FY2005
- Fourth Quarter of FY 2005.PDF - Regarding the City of Philadelphia's Quarterly City Manager's Report, August 18, 2005
Testimony/Letters
- PICA Board Chair letter to Council President Verna regarding DROP
- PICA letter to Mayor regarding S&P improved outlook for Philadelphia
- PICA Board Chair Letter Regarding Confusion over Property Tax
- Testimony in support of Rainy Day Fund
- Testimony before the Pennsylvania House of Representatives Gaming Oversight Committee
- PICA Board supports call to abolish DROP
- 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
+ 2006-2007
- 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
+ 2000-2005
- 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