Nearly five months after Tropical Storm Irene struck the city and caused millions of dollars worth of damage to homes, businesses and city property, representatives of the Federal Emergency …
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Anthony Rifilato
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1/18/12
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The Long Beach City Council decided to postpone declaring a fiscal crisis at its meeting on Tuesday, as the city contends with a looming budget deficit, $48.3 million in general-obligation debt …
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By Anthony Rifilato
arifilato@liherald.com
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1/18/12
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The Long Beach City Council will be asked to declare a fiscal crisis during its meeting on Tuesday, as the city contends with a looming budget deficit, a structural imbalance, a credit-rating …
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Anthony Rifilato
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1/13/12
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After months of speculation and rumors over who would be the next top cop in Long Beach following former Police Commissioner Tom Sofield Sr.’s retirement, Lt. Michael Tangney, a 34-year member of …
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Anthony Rifilato
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1/6/12
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Former Democratic City Councilman Denis Kelly has been tapped by City Manager Charles Theofan to fill a vacant spot on the three-member Civil Service Commission, six months after a hearing officer …
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By Anthony Rifilato
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12/21/11
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Moody’s Investor Services, which gave the city a solid bond rating last year, downgraded the city’s financial status in a scathing report released on Tuesday, following a recent cash-flow …
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Anthony Rifilato
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12/19/11
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A special City Council meeting has been scheduled for Saturday at 10 a.m. in order to earmark money the city recently borrowed through a tax anticipation note and a budget note to cover a recent …
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Anthony Rifilato
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12/16/11
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Following a cash-flow shortfall that prompted the city to borrow $4.5 million to pay its workers, outgoing police officials and retirees, several city departments have exceeded their overtime …
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By Anthony Rifilato
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12/13/11
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In May, City Manager Charles Theofan said that the $83.9 million 2011-12 budget would utilize roughly $1 million of the city’s reserve fund to avert a tax levy increase, reducing the fund’s …
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Anthony Rifilato
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12/7/11
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City officials will attempt to borrow $4.5 million during an emergency City Council meeting at 5 p.m. on Wednesday amid a cash flow shortage that could prevent the city from meeting its Dec. 23 …
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By Anthony Rifilato
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11/29/11
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