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Finance

Highlights

A collection of news and information related to Finance published by this site and its partners.

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    May 21, 2013 |Story| Baltimore Sun

  1. Harford government shouldn't be in the loan business [Editorial]

    Once again, the Harford County government, like many county and municipal governments around the state and nation, has perpetuated the practice of running a taxpayer-subsidized business banking system. Most recently, the Harford County Council...

    Tags: Financial Markets, Local Government, Business, Aberdeen Proving Ground

    2. May 21, 2013 |Story| Baltimore Sun

  2. Water bill whirlpool

    There is an old adage, often heard in the local marinas, that a boat is nothing more than a hole in the water into which you pour money. Turns out the same could be said about Baltimore's water and sewer system — it is a money-soaking hole that puts the Queen Mary to shame.
    There is an old adage, often heard in the local marinas, that a boat is nothing more than a hole in the water into which you pour money. Turns out the same could be said about Baltimore's water and sewer system — it is a money-soaking hole that puts...

    Tags: Edgar Allan Poe, Sinkholes, Barack Obama, U.S. Environmental Protection Agency, Stephanie Rawlings-Blake

    3. May 21, 2013 |Story| Patuxent Homestead

  3. Havre de Grace mayor, council members sworn in for new terms

    Havre de Grace City Councilmen Fred Cullum, John Correri and Randy Craig were sworn into their new council terms, and Mayor Wayne Dougherty was back at the helm of the council for another term Monday night.
    Havre de Grace City Councilmen Fred Cullum, John Correri and Randy Craig were sworn into their new council terms, and Mayor Wayne Dougherty was back at the helm of the council for another term Monday night. After spending about an hour and half in...

    Tags: Political Fundraising, Judges, Property, Local Elections, Justice System

    4. May 21, 2013 |Story| Baltimore Sun

  4. Council to consider mayor's proposed pension changes

    With the city retirement system short hundreds of millions of dollars in unfunded liabilities, officials say they are likely to begin requiring municipal employees to contribute to their pensions.
    With the city retirement system short hundreds of millions of dollars in unfunded liabilities, officials say they are likely to begin requiring municipal employees to contribute to their pensions. "Pretty much everyone is in agreement that it's fair,"...

    Tags: Health and Safety at Work, Carl Stokes, Government, Stephanie Rawlings-Blake, Public Employees

    5. May 20, 2013 |Story| Baltimore Sun

  5. City school system passes $1.2B budget

    The Baltimore school board unanimously passed a $1.2 billion budget Monday that essentially remained intact since it was presented.
    The Baltimore school board unanimously passed a $1.2 billion budget Monday that essentially remained intact since it was presented. The last budget of outgoing schools CEO Andrés Alonso includes cuts to per-pupil funding and high schools but retains...

    Tags: Andres Alonso, Corporate Officers, Teaching and Learning, Budgets and Budgeting, Students

    6. May 20, 2013 |Story| Baltimore Sun

  6. City board approves $107 million Harbor Point TIF

    Meeting behind closed doors, the city's Board of Finance on Monday approved more than $100 million in taxpayer assistance to help fund a massive, waterfront development project that will host energy giant Exelon Corp.'s regional headquarters.
    Meeting behind closed doors, the city's Board of Finance on Monday approved more than $100 million in taxpayer assistance to help fund a massive, waterfront development project that will host energy giant Exelon Corp.'s regional headquarters. After...

    Tags: Baltimore Development Corporation, Stephanie Rawlings-Blake, Exelon Corp., Elections, Fells Point

    7. May 20, 2013 |Story| Baltimore Sun

  7. Fidelity: New college grads surprised by amount of debt racked up

    Fidelity Investments reports that 70 percent of the Class of 2013 leaves college with on average $35,200 in debt. That’s all kinds of debt, from student loans and money owed to Mom and Dad to credit card balances.
    Fidelity Investments reports that 70 percent of the Class of 2013 leaves college with on average $35,200 in debt. That’s all kinds of debt, from student loans and money owed to Mom and Dad to credit card balances. And half of 2013 graduates say...

    Tags: Colleges and Universities

    8. May 19, 2013 |Story| Baltimore Sun

  8. County councilman hasn't disclosed outside jobs for years

    A Baltimore County councilman did not disclose his outside employment over the past several years, including his work with a painting and drywall company that has a $3.1 million contract at a new high school being built in his district.
    A Baltimore County councilman did not disclose his outside employment over the past several years, including his work with a painting and drywall company that has a $3.1 million contract at a new high school being built in his district. Councilman...

    Tags: Dundalk, John A. Olszewski, Sr., Employment Opportunities, Values, Employment

    9. May 20, 2013 |Column| Baltimore Sun

  9. The seed from which an urban garden grew

    Elisa Lane is not much bigger than the pigtails she wears when she gardens at the Whitelock Community Farm in Reservoir Hill. But she has a big impact.
    Elisa Lane is not much bigger than the pigtails she wears when she gardens at the Whitelock Community Farm in Reservoir Hill. But she has a big impact. She sells the fresh vegetables from the empty corner lot that she just kind of took over at below-...

    Tags: U.S. Department of Agriculture, Waverly (Baltimore, Maryland), Budgets and Budgeting, Stephanie Rawlings-Blake, Marketing

    10. May 17, 2013 |Story| Baltimore Sun

  10. Md. sheds 6,200 jobs in April, Labor Department says

    Maryland employers slashed 6,200 jobs in April, cutting short a string of gains, the U.S. Department of Labor said Friday, as the state began feeling the pinch of federal budget sequestration and cutbacks in consumer spending.
    Maryland employers slashed 6,200 jobs in April, cutting short a string of gains, the U.S. Department of Labor said Friday, as the state began feeling the pinch of federal budget sequestration and cutbacks in consumer spending. But the government's...

    Tags: Unemployment Rate, U.S. Department of Labor, Fort Meade (military base), Adecco SA, Employment Opportunities

    11. May 17, 2013 |Story| Baltimore Sun

  11. School reform doesn't work

    In their commentary ("Six steps for post-Alonso school reform," May 14), Thomas Wilcox, Diane Bell-McKoy and Laura Gamble use many lofty and idealistic sounding words to promote their vision. However, it bears noting that education "reformers" are well-versed in using terms that have an appeal, yet bear little substance. It's part of the script to sell the public on a model for education that actually requires a deeper analysis and understanding. Words like "choice" and "accountability" have done for the corporate-model of education reform what buzz words like "whole grain" and "real fruit juice" have done for the food processing industry. Thus, commentaries such as this warrant a translation. My translation as follows is not grounded in empty rhetoric or phrases, but instead relies on facts and examples from other urban areas, to predict what such school, reform may indeed come to look like in Baltimore. The question will then remain: are we willing to buy this model? Or should we read the label more carefully?
    In their commentary ("Six steps for post-Alonso school reform," May 14), Thomas Wilcox, Diane Bell-McKoy and Laura Gamble use many lofty and idealistic sounding words to promote their vision. However, it bears noting that education "reformers" are well-...

    Tags: Annie E. Casey Foundation, Stanford University, Racism, Catonsville, Charter Schools

    12. May 17, 2013 |Story| Patuxent Homestead

  12. Howard County schools' healthcare fund at center of budget debate

    After several frustrating work sessions, county officials say a budget solution is getting closer for the Howard County Public School System. One topic has been the subject of heated debate between elected school and county leaders: the schools'...

    Tags: Teaching and Learning, Budgets and Budgeting, Elections, Howard County, Ken Ulman

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