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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
  • 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...
  • Why no year-round swim season?

    Thanks again to the Burbank Leader for your recent coverage of the Verdugo Pool construction status. Without your continuing stories, how would anyone in Burbank know what is happening with the pools, swimming and aquatics? Perhaps Burbank's new public...
  • 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...
  • 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...
  • 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...
  • City helps French prep school acquire loan

    City helps French prep school acquire loan
    Burbank has agreed to join a state financing authority so that a private French-language prep school can obtain a $12-million tax-exempt loan to revamp a site it plans to use as a school. The move is a rare show of government-backed economic development...
  • 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 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,...
  • 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...
  • Legendary Entertainment nears raising $250 million in financing

    Legendary Entertainment, the finance and production company behind "The Dark Knight" and this weekend's"Wrath of the Titans,"is close to raising about $250 million in new financing, according to knowledgeable people unauthorized to speak publicly. The...
  • Cuts loom for bus services

    Cuts loom for bus services
    Transportation commissioners this week discussed the possibility of cutting bus service for seniors and the disabled on weekends, or perhaps confining the schedule to either Saturday or Sunday. The options emerged Monday as commissioners continued...
  • 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...