The City Council unanimously approved a $6 million borrowing measure on Tuesday in order to pay its workers and help close a $10.2 million deficit as the city attempts to avoid a further …
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Anthony Rifilato
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3/28/12
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The City Council will hold a special meeting on Tuesday, where it will be asked to approve a $6 million borrowing measure to help close the bulk of a $10.2 million deficit and avoid a further …
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By Anthony Rifilato
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3/24/12
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New York State Comptroller Tom DiNapoli is launching an audit of Long Beach’s finances next month, as the city grapples with a $10.25 million deficit and a credit-rating downgrade by Moody’s …
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Anthony Rifilato
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3/22/12
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A little more than a month after the city declared a fiscal crisis, Long Beach has hit a $10.2 million deficit, a gap that City Manager Jack Schnirman said needs to be closed before the end of the …
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Anthony Rifilato
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3/19/12
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Long Beach Civil Service Employees Association President John Mooney criticized members of the City Council and administration at Tuesday’s council meeting after 14 city workers were demoted and …
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By Anthony Rifilato
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3/7/12
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In an attempt to reduce costs amid the city’s financial woes, the City Council has approved an early-retirement incentive that could save the city more than $1 million per year if enough eligible …
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By Anthony Rifilato
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2/29/12
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A month after City Manager Jack Schnirman implemented strict controls to rein in skyrocketing overtime costs, city officials said that the new policy has led to a dramatic reduction in overtime …
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By Anthony Rifilato
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2/29/12
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A week after the City Council declared a fiscal crisis, Moody’s Investors Service, the credit agency that knocked Long Beach’s bond rating down five levels to near-junk-bond status, praised city …
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Anthony Rifilato
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2/15/12
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The Long Beach City Council voted unanimously on Tuesday to formally declare a fiscal crisis, after an independent auditor presented a bleak picture of the city’s finances and a number of residents …
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By Anthony Rifilato
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2/8/12
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City Manager Jack Schnirman called on the city’s various department heads, union leaders and commissioners on Monday to put a halt to overtime spending as he attempts to implement strict cost …
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By Anthony Rifilato
arifilato@liherald.com
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1/25/12
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