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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
  • Burbank scrambles for IKEA deal

    Burbank scrambles for IKEA deal
    Burbank has initiated a series of funding deals to keep IKEA — a top sales-tax revenue generator — within city limits. The Swedish furniture retailer — a retail powerhouse in Burbank for more than two decades — has outgrown its...
  • Audit praises Burbank Unified's spending cuts, but calls for ongoing vigilance

    Burbank Unified has done a good job of tamping down spending, but will need to maintain its vigilance after spending $4 million more than it took in for 2011-12, a recent audit concluded. The $4-million overage was due to $2 million in state education...
  • 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...
  • Year in Review: A year of tragedy and triumph

    Year in Review: A year of tragedy and triumph
    A massive manhunt for a missing FBI agent, the surprise departure of the city's chief executive, a National Teacher of the Year, tragic suicide and long-sought closure for the family of a murdered Burbank police officer. The year 2012 was full of...
  • State remains in a reel battle

    State remains in a reel battle
    Efforts to stop the years-long flight of film crews from California to faraway locations are gaining steam. Los Angeles City Councilman Paul Krekorian has proposed new tax incentives to keep production crews filming in his city. The effort follows...
  • 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-...
  • School board candidate Gregory Bragg

    Bragg was raised in Eagle Rock and moved to Burbank in 1998 when he married his wife, Holly Roy, a Burbank native. He is the father of three children, who attend Burbank schools. Bragg has been involved in numerous service organizations and groups,...
  • Council OKs Bob Hope transit center funds

    Council OKs Bob Hope transit center funds
    A planned transit center for Bob Hope Airport got a $90-million boost this week after officials signed off on issuing the bond debt. The Burbank City Council approved the bonds, which will be issued by the Burbank-Glendale-Pasadena Airport Authority....
  • Council ponders ending bonuses to fund after-school programs

    The City Council this week decided to spend $300,000 from a fund reserved for stabilizing the city budget on after-middle youth programs, but left open the possibility of diverting money used for employee bonuses. Councilman David Gordon on Tuesday...
  • 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...