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PICA Issues Monthly City Obligations Update for April

13 May
in Uncategorized
Through April of FY2022, the City has expended $3.966 billion and encumbered an additional $334.7 million. As a result, the City obligated $4.301 billion of

PICA Issues Monthly Tax Update for April

12 May
in Uncategorized
The City collected approximately $820.0 million in General Fund tax revenue in April of FY2022, compared to $507.5 million in April of FY2021, an increase

PICA Issues Third Quarter Overtime Update

04 May
in Uncategorized
Through the third quarter of FY2022, City departments spent $152.7 million in overtime, $10.5 million, or 7.4 percent more than last year, and $3.8 million,

PICA Issues Monthly Obligations Update for March

19 Apr
in Uncategorized
City Spending Lower than Projections Through March of FY2022, the City has expended $3.681 billion and encumbered an additional $349.5 million. As a result, the City

PICA Issues Monthly Tax Revenue Update for March

18 Apr
in Uncategorized
The City collected approximately $658.9 million in General Fund tax revenue in March of 2022, compared to $640.1 million in March of 2021, an increase

PICA Issues Report on Pandemic’s Impact on City Employee Separations

14 Apr
in Uncategorized
The Pennsylvania Intergovernmental Cooperation Authority (PICA)  today issued a report with the purpose of determining whether the City of Philadelphia’s workforce was affected by The

PICA Marks 30 Years with Retrospective Report

06 Apr
in Uncategorized
The Pennsylvania Intergovernmental Cooperation Authority marked its 30-year anniversary by issuing a retrospective report detailing the agency’s most important contributions to Philadelphia’s fiscal health...

PICA Issues Monthly Obligations Update for February

14 Mar
in Uncategorized
Through February of FY2022, the City has expended $2.663 billion and encumbered an additional $385.3 million. As a result, the City obligated $3.048 billion of

PICA Issues Monthly Tax Revenue Update for February

11 Mar
in Uncategorized
The City collected approximately $297.9 million in General Fund tax revenue in February of 2022, compared to $251.5 million in February of 2021, an increase

PICA Issues Staff Report on City’s Second Quarter QCMR

28 Feb
in Uncategorized
The Quarterly City Managers Report (“QCMR”) for the second quarter (period ending December 31, 2021) projects FY2022 revenues at $5.184 billion; however, FY2022 obligations are
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