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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
  • Mayor praises city's financial health

    Burbank Mayor Emily Gabel-Luddy touted the city’s strong financial health during the annual State of the City address Wednesday, pointing to the city’s hundreds of new businesses, balanced budget projections for the next five years and several...
  • 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 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...
  • 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...
  • 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....
  • 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...
  • 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....
  • 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 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-...