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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 73-84
  • City scrambles to curb agency losses

    Burbank could be stuck with a $50-million tab if Gov. Jerry Brown’s proposal to disband local redevelopment agencies goes through. With local governments holding their breath over the budget proposal, Burbank last week joined other cities in...
  • 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...
  • City to hold DeBell study session

    City to hold DeBell study session
    In an effort to make oversight of the troubled DeBell Golf Club as transparent as possible, the City Council will schedule a special study session to discuss recently enacted reform measures. Councilman Dave Golonski on Tuesday lobbied for the meeting,...
  • City Council hopes it can retain $15 million for community projects

    City Council hopes it can retain $15 million for community projects
    About $15 million in redevelopment funds intended for capital improvement projects could still remain available for several community development projects, including the Lundigan Community Center and improvements to Johnny Carson Park, despite efforts...
  • DeBell Golf Club sees revenue jump

    DeBell Golf Club sees revenue jump
    Operating revenues at the long struggling DeBell Golf Club jumped 25% in June compared to the same period last year due to increased revenue from fees, cart rentals and concessions that came in after officials made cuts in professional services and...
  • Council to eye utility, sewer fee increases

    Council to eye utility, sewer fee increases
    Burbank might be able to use one-time money to plug a projected $1.1-million budget gap for next fiscal year — but that's only if the City Council approves a collection of utility, sewer and trash-collection rate increases. Financial Services...
  • Is the dream worth keeping?

    At a time when Burbank is raising fees and using one-time funds to plug a $1.1-million budget gap, is keeping the dream of a new Central Library really worth keeping alive — at least to the tune of $3.5 million? Apparently the City Council...
  • Bob Hope dealt blow by carrier's departure

    Bob Hope dealt blow by carrier's departure
    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....
  • Officials: No audit repeat after Bell scandal

    Officials: No audit repeat after Bell scandal
    Burbank officials say there are no plans to redo city financial audits performed by the same accounting firm that state regulators claim failed to catch mismanagement at the city of Bell. The state Board of Accountancy filed disciplinary proceedings last...
  • Burbank clears financial audit

    An independent audit of the city’s 2010-11 finances gave Burbank the highest possible rating. Financial Services Director Cindy Giraldo said the audit by the accounting firm McGladrey and Pullen was completed in December. The review also...
  • Schiff, Jennerjahn show contrasting views

    Schiff, Jennerjahn show contrasting views
    From Social Security to abortion, Rep. Adam Schiff (D-Burbank) and his GOP challenger, Phil Jennerjahn, differed on just about everything during a debate at Burbank City Hall Monday night sponsored by the League of Women Voters of Glendale/Burbank. The...