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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 85-96
  • Governor wants to scrap redevelopment agencies

    A major source of funds for city services would be diverted to state coffers under a proposal Gov. Jerry Brown unveiled this week as part of his effort to slash a $28-billion state deficit. Brown's budget calls for the Burbank Redevelopment Agency and...
  • Keeping after-school programs alive

    Keeping after-school programs alive
    The Burbank City Council is reconsidering its decision to cut a $52,000 after-school program as the nonprofit that stepped in to fill the void warned that it may not be able to shoulder the financial burden for much longer. The Burbank Boys and Girls...
  • 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....
  • 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....
  • 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...
  • 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...
  • Bob Hope credit rating is up in the air

    Bob Hope credit rating is up in the air
    Credit rating agency Fitch said Thursday that it might downgrade the Burbank-Glendale-Pasadena Airport Authority after it gets a clearer picture of the airfield’s financial standing later this year. Fitch has already put the airport authority on...
  • 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 seeks funding for $5-million park redesign

    City seeks funding for $5-million park redesign
    The redesign of Johnny Carson Park is underway, and city officials could tap three grants to help cover the estimated $5-million price tag. The city has been setting aside money for the project — $2.5 million so far through the Redevelopment...