PICA
Philadelphia, PA
Founded in 1991
Status: Active
Company Stats
- Headquarters:
- Center City Philadelphia
- Employee Count:
- 1-10
- Annual Revenue:
- $1 million - $2 million
- Tax Status:
- Nonprofit
- Founded:
- May 6, 1991
Connected Companies
City of PhiladelphiaAddress
1500 Walnut Street Suite 1600 Philadelphia, PA 19102Phone
(215) 561-9160Info
Company Overview
Philadelphia, PA
Founded in 1991
Status: Active
Company Stats
- Expertise:
- municipal budgets
- Headquarters:
- Center City Philadelphia
- Employee Count:
- 1-10
- Annual Revenue:
- $1 million - $2 million
- Tax Status:
- Nonprofit
- Founded:
- May 6, 1991
Phone
(215) 561-9160Connected Companies
City of PhiladelphiaAddress
1500 Walnut Street Suite 1600 Philadelphia, PA 19102The Pennsylvania Intergovernmental Cooperation Authority (PICA) is the financial oversight board for the City of Philadelphia. It was created through state legislation in 1991 and began its work in 1992.
One of its most important first roles was to issue bonds on behalf of the city, which had largely lost access to the market. In later years, its mediation on behalf of labor contracts and its requirement of five-year budgets were seen as influential to improve the city’s investment grade and finances.
In 2013, Harvey Rice was named its Executive Director.