Posts Tagged ‘Director of Financial Management Lori Ann Farrell’

MAIN LIBRARY LEAKS, QUEEN MARY COSTS AIRED IN BUDGET TALKS

July 1, 2008

Another year, another city budget–this one made perhaps more interesting by what they’re now calling a projected $16.9 structural deficit in the 2009 Fiscal Year.
Otherwise, this afternoon’s Long Beach City Council budget workshop in Council Chambers veered from dry (four words: “Successful Refuse Nexus Study”) to, in Vice Mayor Bonnie Lowenthal’s words, “draconian”

CITY GRAPPLES WITH ART MUSEUM DEBT

March 26, 2008

We told you last year that Long Beach Museum of Art wasn’t doing all that well paying off the $3 million construction bond floated in 1999 to pay for its awesome new gallery space.
Specifically, I wrote then that LBMA was making interest-only payments, and that the revenue from those electronic freeway billboards–the ones they haven’t [...]

 

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