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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 97-108
  • 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....
  • 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...
  • 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...
  • Burbank scores 'AAA' S&P credit rating

    Burbank received a “AAA” credit rating this month from Standard & Poor’s, which cited the city’s “strong local economy and steady tax base growth.” City officials were pleased with the score, which is the highest...
  • Burbank's new mayor looking forward to a great year

    As I begin my term as mayor, I want to take this opportunity to thank my colleagues on the council for giving me the honor to serve our community in this role. While I feel a sense of both pride and humility, my strongest feeling is a sense of urgency....
  • Bob Hope Airport in effort to raise diversity percentages

    A study commissioned by Bob Hope Airport to ensure its compliance with federal diversity mandates found that while the airfield is doing a better-than-expected job contracting with businesses owned by white women, its use of minority-owned firms is...
  • After bridging $2.5 million gap, Burbank expects new budget to fare better

    The City Council on Tuesday adopted a $149 million General Fund budget that was balanced on $2.5 million in spending cuts across multiple departments. City Financial Services Director Cindy Giraldo said officials project a $3.9 million surplus in the...
  • Balanced budget approved for Bob Hope Airport

    Balanced budget approved for Bob Hope Airport
    Burbank Bob Hope Airport commissioners approved a budget this week that managed to hold airline landing fees steady despite the airfield's continued struggles with declining passenger counts. The spending plan includes funding for a new transportation...
  • Burbank schools approve budget

    Burbank school officials on Thursday approved a new budget amid and are optimistic about an uptick in revenue and a decrease in deficit spending through 2016. The school district for years has been spending more than it has received, despite...
  • There's still hope amid loss of state money

    Burbank took a huge hit this week when state officials in charge of winding down local redevelopment stripped the city of roughly $30.5 million that had previously been earmarked for affordable housing projects. It was the latest ax to fall after the...
  • 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...