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Finance

A collection of news and information related to Finance published by this site and its partners.

Top Finance Articles

Displaying items 109-120
  • Measure S is worth the money

    Measure S is a worthwhile investment for our community. For the cost of what a parent, grandparent or neighbor pays for a few candles from one band fundraiser each year, the community gets a huge return — safer, well-maintained schools with...
  • Burbank schools need Measure S

    I support Measure S because it is the best way our community can maintain and upgrade public school facilities to the level of safety and functionality our children deserve. Our high-quality schools are one reason people move to Burbank, and investing...
  • Op-Ed: Managing a bond's risk

    Recent articles in the L.A. Times have exposed alarming financial abuses resulting from the passage of Capital Appreciation Bonds (CABs) by some school districts. Please note, Burbank Unified's name is not on the L.A. Times list. CABs with payback ratios...
  • Bob Hope Airport in effort to raise diversity percentages

    A study commissioned by Bob Hope Airport to ensure its compliance with federal diversity mandates found that while the airfield is doing a better-than-expected job contracting with businesses owned by white women, its use of minority-owned firms is...
  • Burbank school district kicks off school upgrades

    As more than $40 million in Measure S bond funds starts trickling in, Burbank school officials spent about $33,000 tackling various facility upgrades during the first month of funding, according to a recent report. As of June 30, most of the spending...
  • City approves loan package to cash-strapped DeBell Golf Course

    City approves loan package to cash-strapped DeBell Golf Course
    The City Council on Tuesday approved a $1 million loan to the city-owned DeBell Golf Course and agreed to defer loan payments on $2.1 million in outstanding debt for two years as the troubled course tries to recover from a drop in revenue. The council...
  • City awaits word on Lehman's suit

    City awaits word on Lehman's suit
    More than two years after the collapse of Lehman Bros., Burbank is still pining for the $10 million it lost in the deal. Following Lehman’s declaration of bankruptcy in September 2008, Burbank filed a lawsuit alleging top executives of the...
  • Turn DeBell over to the pros

    In this economic environment, if a business with a $718,215 operating deficit and no reserves asked a bank for a $2-million bailout package, the response would be a predictable one: “no.” But in the world of Burbank municipal business, the...
  • Parking tickets getting costlier

    Parking tickets getting costlier
    Most parking tickets will cost drivers an extra $3 under a revenue-bumping plan approved by the City Council this week. The increase will apply to all parking violations, save those involving street sweeping, and will be fully implemented in the coming...
  • Got Wheels finds another gear

    Got Wheels finds another gear
    Students in Burbank may have a reliable set of wheels a little longer than expected after the Burbank City Council issued a stay of execution on the Got Wheels program on Tuesday night. The council voted unanimously to direct city officials to return...
  • Retrofit money in jeopardy

    A shakeup by lawmakers in Washington, D.C., could have repercussions in Burbank if a big earthquake hits. Burbank City Council, which issued its stamp of approval for federal appropriation requests last week, is angling for another $500,000 to complete a...
  • Pensions pinch city purse

    The rising costs of employee retirement benefits will force Burbank to spend $10.7-million more next fiscal year, bringing the total to $33.5 million, according to city records. The higher contribution to the California Public Employees’ Retirement...