In the near future we will be introducing legislation to update and reform Act 11 of 2004, which created the Pittsburgh Intergovernmental Cooperation Authority. Recent Auditor General and media reports have made it clear that Act 11 needs to be updated to require the agency to be more responsive to the needs of Pittsburgh City Government and to more transparent and accountable to the public. The legislation will require: - The ICA to adopt a records retention policy that, at a minimum, is consistent with the records retention policy of the Office of Administration. This record retention policy requires most financial information to be maintained for a minimum of four years, however tax information, payroll, and audits have to be maintained for 7 or more.
- The ICA to file monthly financial reports, including ledger sheets, any contracts that the agency enters, and reports on allocations made to Pittsburgh from gaming revenue with the Department of Community and Economic Development. DCED will be responsible for filing reports with the General Assembly on an annual basis.
- The ICA to maintain a publicly accessible internet website and post complete financial records online, including budgets and contracts entered.
- A formal process for determining the use of the gaming monies for the City’s “best interest,” which will also specify when and how the gaming money is to be distributed to the City.
- That if the ICA is eventually dissolved, any remaining gaming revenue left within ICA accounts will be transferred to Pittsburgh to meet pension obligations.
Please join us in cosponsoring this legislation. |