Projected Revenues and Obligations Both Increase Compared to Five Year Plan City Projects FY2020 Fund Balance of Over $300 Million December 2, 2019 —FY2020 revenues are estimated at $4.966 billion and expenditures are estimated at $5.117 billion, increases of of $48.7 million and $92.4 million over the City’s Five Year Plan, according to PICA’s Staff […]
Monthly Tax Update for October 2019
City Sees Double-Digit Increase in October Collections Year-to-Date Collections Ahead of Last Year by Seven Percent November 18, 2019 – The City collected approximately $253.9 million in General Fund tax revenue in October of FY2020, compared to $227.9 million in October FY2019, an increase of approximately $26.1 million, or 11.4 percent, according to preliminary figures. […]
Monthly Tax Update for September 2019
Most Taxes See Increases in September Collections Year-to-Date Collections Ahead of Last Year by Five Percent The City collected approximately $210.5 million in General Fund tax revenue in September of FY2020, compared to $195.2 million in September FY2019, an increase of approximately $15.3 million, or 7.8 percent, according to preliminary figures. Almost every tax category […]
Annual Overtime Report for FY2019
City Surpasses Overtime Allocation by $18 Million in FY2019 Departments Overspend Overtime Budget for Ninth Consecutive Year The Pennsylvania Intergovernmental Cooperation Autority’s (“PICA”) Annual Overtime Reprt for FY2019 showed City of Philadelphia overtime costs totaled $172.9 million, $18.1 million more than was allocated for the fiscal year, and the second highest-ever overtime spending total. Additionally, […]
PICA Hosts 2019 Fall Conference
Assessing a 21st Century Threat: Cybersecurity in Modern Government On Tuesday, October 8, PICA hosted a conference entitled Assessing a 21st Century Threat: Cybersecurity in Modern Government, at Temple University’s Center City Campus. The purpose of the conference was to gather government officials, economists, policy-makers, academics, and experts in the field of cybersecurity to discuss […]
Police-Court Overtime Study Finds Over $7 Million in Annual Savings
Study Makes Recommendations for Streamlined Court Scheduling System Potential annual savings of over $7 million were identified by a study on Philadelphia’s police-court overtime costs, commissioned by the Pennsylvania Intergovernmental Cooperation Authority (“PICA”), the City’s fiscal watchdog. The focus of the project was to identify areas for process improvement, streamlined collaboration and increased communication between […]
