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Burbank received a “AAA” credit rating this month from Standard & Poor’s, which cited the city’s “strong local economy and steady tax base growth.” City officials were pleased with the score, which is the highest...
After holding steady in January, home prices in Burbank surged again last month, continuing a months-long rise in prices as a severely limited number of homes for sale has created fierce competition among buyers, according to the latest real estate...
Following weeks of closed-door meetings, the Burbank City Council on Tuesday unanimously appointed Santa Clarita City Manager Ken Pulskamp as Burbank's interim city manager. He's slated to start on Dec. 3. The announcement follows City Manager Mike...
The withdrawal of American Airlines from Bob Hope Airport is more than just another bump in the road for the regional airfield. __________________________________ FOR THE RECORD: This editorial incorrectly stated the number of passengers the Bob Hope...
Regarding your article in the Burbank Leader on June 4, “Airport gets credit rating warning,” yes, the people of Glendale, Burbank, and Pasadena should be very concerned about the rating that has just come out by Fitch — that gives the...
Credit rating agency Fitch said Thursday that it might downgrade the Burbank-Glendale-Pasadena Airport Authority after it gets a clearer picture of the airfield’s financial standing later this year. Fitch has already put the airport authority on...
The decision by American Airlines to pull out of Bob Hope Airport might further harm an airfield that has been grappling with a yearlong slide in passenger numbers, which gained the notice of an important credit rating agency. American, which made up 7....
Passenger numbers at Bob Hope Airport took another nose dive in October, dropping 4.7% compared to the same period last year, officials said this week. The airport handled 363,684 passengers in October, down from 381,656 in October 2010, according to the...
The year 2011 was the year of development. From a huge cost underestimate on Bob Hope Airport’s massive transit center, to news that Walmart was coming to town, to the clog of a large-scale revamp of the Golden State (5) Freeway corridor, the pang...
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Burbank Water and Power will issue water bonds for the first time in more than a dozen years after the City Council this week granted the utility's request to use the earnings to fund projects and reduce debt. The revenue bonds are not to exceed $41...
The state controller's office on Tuesday issued a report that found an outside audit firm for the city of Bell failed to catch a bevy of alleged financial corruption at City Hall. The finding that, according to the report, Mayer Hoffman McCann...
CITY HALL — The City Council on Tuesday is slated to consider raising rates for utilities, trash collection and sewer services as officials struggle with the increased cost of materials and doing business. Ron Davis, general manager of Burbank...
May 17, 2013 |Story| Burbank Leader
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