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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 61-72
  • Airport noses ahead of budget projections

    Despite landing fees and parking revenues coming in lower than anticipated, Bob Hope Airport managed to end last fiscal year almost $150,000 ahead of budget projections, buoyed by rentals and film-shoot fees, according to a financial report released...
  • In Theory: Should schools be a party to religious charities?

    Two schools have decided to pull out of a charity toy drive after being challenged by the American Humanist Assn. over separation of church and state issues. East Point Academy in West Columbia, S.C., and SkyView Academy in Highlands Ranch, Colo., have...
  • Source of local match to fund school resource officers unclear

    School board members refuted a recent suggestion by city officials to have Burbank Unified help cover the cost of three school resource officers who would work in Burbank schools. Last fall, Burbank won a grant to partially fund the officers for the...
  • Anonymous donor helps keep Burbank's Colony Theatre going

    Anonymous donor helps keep Burbank's Colony Theatre going
    With apologies to Stephen Sondheim and James Lapine, the title of this theater tale could be "Out of the Woods." The Colony Theatre in Burbank said a fundraising push that began around Thanksgiving snowballed into about $260,000 -- more than five...
  • Tragedy leads to outpouring of support

    Tragedy leads to outpouring of support
    A Burbank man whose wife died shortly after she gave birth to their second son said he has been overwhelmed by the local community’s support and compassion in the wake of the tragedy. Five days after having Colin James “C.J.” Burgess at...
  • Federal grant for school resource officers comes with a catch

    Burbank received a federal grant to partially fund three school resource officers for the next three years — bumping up a program that has been reduced significantly in recent years — but it comes with a steep local match of nearly $1.2...
  • Report details Burbank's financial shape

    At the close of last fiscal year, the city still felt the sting of the loss of local redevelopment as the lack of that extra revenue contributed to a 7%, or $9.2-million, drop in tax revenue across the city’s 22 governmental funds, including the...
  • Burbank school district officials cite local impact of Measure S

    Since Burbank voters approved the $110-million Measure S bond in March, Burbank school district officials say there has been significant impact to the local economy. During a Burbank Unified school board meeting on Thursday, officials estimated that 83%...
  • 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...
  • 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...
  • City Council defends bailout of fledgling golf course

    City Council defends bailout of fledgling golf course
    City Council members defended their decision to allocate $2 million to save the DeBell Golf Club from financial ruin, while at the same time cutting firefighting resources, city youth jobs and library improvements. The rescue package includes a $1-...
  • Movie company accused of fraud

    Employees of a Burbank movie company face charges of conspiracy and fraud after allegedly bilking investors of $9 million to make independent films. An indictment from a federal grand jury this week focused on Q Media Assets LLC, located at 2301 W. Olive...