Advertisement
HomeCollectionsCapital Plan
IN THE NEWS

Capital Plan

FEATURED ARTICLES
BUSINESS
By Blair S. Walker | April 13, 1991
The troubled parent company of John Hanson Bank FSB announced yesterday that federal regulators are revoking a capital agreement with the bank because monetary requirements weren't met.The Treasury Department's Office of Thrift Supervision will ask Bethesda-based John Hanson Bancorp Inc. to consider a consent decree that could impose such restrictions as a prohibition on all lending and investments, or even the appointment of a conservator or receiver, John...
ARTICLES BY DATE
NEWS
By Joe Burris, The Baltimore Sun | September 4, 2014
George Arlotto this week became the third Anne Arundel County superintendent in as many years submitting a capital budget proposal - but he said working within the school system for 10 years helped him hammer out the $163.4 million request. "Not a lot of changes were made, based on what we've done in the past and where we're headed in the future," said Arlotto, who was the system's chief of staff before becoming superintendent in July. Arlotto replaced Mamie Perkins, who served as an interim superintendent for a year while the school district sought a permanent replacement for seven-year Superintendent Kevin Maxwell.
Advertisement
NEWS
By Jackie Powder and Jackie Powder,SUN STAFF | September 21, 2000
More than 350 people crowded the Anne Arundel County Board of Education headquarters in Annapolis last night to have their say on how Superintendent Carol S. Parham's proposed $70 million capital budget should be spent in 2002. More than 200 advocates for a new high school for the west county turned out in purple, the color they hope will represent what would be the county's 13th public high school. They urged the board to move $50,000 in allotted planning money for the new school to the 2001-2002 fiscal year, instead of waiting an extra year.
NEWS
By Jon Meoli, Baltimore Sun Media Group | September 3, 2013
School officials have vowed they would include parents and stakeholders in discussions on finding a way to accommodate the burgeoning elementary school-aged student population in central Baltimore County. They appear to be keeping their word, demonstrated by a recent meeting during which they proposed an outside-the-box proposal involving in combination Cromwell Valley Elementary, Halstead Academy and the old Loch Raven Elementary building. "I think the superintendent (Dallas Dance)
BUSINESS
BY A SUN STAFF WRITER | August 7, 1997
Blue Cross and Blue Shield of the National Capital Area yesterday reported second-quarter earnings of $7.3 million, up 59 percent from the $4.6 million earned in last year's second quarter.Revenue for the quarter was $237.9 million, an increase of 2 percent from $232.2 million in the year-earlier period.The Capital plan announced earlier this year that it would combine operations with Blue Cross Blue Shield of Maryland. The insurance commissioners of Maryland and the District of Columbia are to conduct hearings on the consolidation next month.
BUSINESS
January 12, 1992
A number of the thrifts that had low ratings in the second quarter of 1991, according to IDC Financial Publishing Inc., have made changes since the data in the chart at right was collected.* Irvington FS&LA. The savings and loan, which has been operating under a capital plan approved by the Office of Thrift Supervision since April, is now exploring a private placement of stock to bolster capital to meet requirements of new federal laws, President William J. Ottey said.* Second National FSB. This subsidiary of Second National Bancorporation has submitted a revised capital plan to the OTS and is awaiting approval.
BUSINESS
By M. William Salganik and M. William Salganik,SUN STAFF | May 13, 1997
Blue Cross and Blue Shield of the National Capital Area reported yesterday $5 million in earnings for the first quarter of 1997, down from $6 million in the same quarter a year earlier.While revenue increased 4.5 percent to $231.7 million, from $221.7 million in the first quarter of 1996, higher medical costs were responsible for the drop in earnings, according to National Capital Blue Cross.The Capital plan announced in January that it would combine operations with Blue Cross Blue Shield of Maryland.
NEWS
By Sherry Joe and Sherry Joe,Staff Writer | October 29, 1992
Howard Community College's trustees last night approved a proposed $3.9 million capital budget for fiscal 1994 that includes $600,000 to renovate a nearby office building for classrooms and office space.The Board of Trustees also raised President Dwight A. Burrill's salary from $96,107 to $97,984. The nearly 2 percent raise is in keeping with a 2.5 percent pay increase for all college employees that took effect July 1. Like other college employees, Mr. Burrill received no salary increase last year.
NEWS
By James M. Coram and James M. Coram,SUN STAFF | November 5, 1996
The Planning and Zoning Commission took another swipe yesterday at proposals from county department heads yesterday, cutting $4.98 million from noneducational 1998 capital budget requests.Since Oct. 1, the commission has whittled $9.2 million from the department chiefs' spending requests. And members will begin their line-by-line review of the Board of Education's proposed capital plan Nov. 14.Commission members spent the first part of their 8 1/2 -hour meeting debating whether to limit their review to "rubber stamping" every request that conforms to the county master plan.
NEWS
December 19, 1997
Carroll County's smallest town is embarking on an ambitious $5.1 million, five-year capital improvement program, which represents approximately $5,000 for each of Union Bridge's 1,000 residents.The Town Council plans to schedule a joint public hearing with the town planning commission on the draft version of Union Bridge's first written program outlining proposed water, sewer and other improvements. A hearing date has not been set.Much of the money will go toward water and sewer projects, which special projects manager James L. Schumacher described as "by far the most-needed improvements."
NEWS
By Joe Burris | September 5, 2012
The Anne Arundel County school board on Wednesday took its first step in considering plans proposed by Superintendent Kevin Maxwell to address the district's capital improvement and maintenance concerns. Maxwell presented his $240 million capital budget for fiscal year 2014, a $1.6 billion capital budget six-year plan and a $1.4 billion state-funded capital improvement planĀ at Wednesday's regplar meeting. School officials say that the capital improvement plan must be submitted to the state's Interagency Committee for School Construction by Oct. 5. School officials said that the school board will conduct a workshop on the capital budget and capital improvement plan on Sept.
BUSINESS
By Hanah Cho, The Baltimore Sun | May 16, 2012
Legg Mason's stock rose nearly 7.5 percent Wednesday on news that the company will pay off $1.25 billion in senior notes held by private equity firm Kohlberg Kravis Roberts & Co. to reduce its outstanding debt. Its shares gained $1.67 to close at $24.05 each. Under the terms of the repurchase, the Baltimore money manager said it will take a $70 million to $80 million noncash charge in its fiscal first quarter. The move would reduce the company's debt by a net $350 million, Legg said.
EXPLORE
BY ALLAN VOUGHT | September 6, 2011
There was no indication following a two-hour work session in Bel Air Thursday evening that members of the Harford County Board of Education will be inclined to significantly change the school system's 2013 Capital Improvement Program when it comes up for final approval later this month. But one of the newer board members in particular had several questions about the county government's support for the capital program, which was the subject of the work session. As proposed by the school administration, the program contains several controversial elements, including the priority for relocation of the John Archer School for special education students to the campus of Bel Air Middle School and the delayed renovation of both Youth's Benefit Elementary School in Fallston and William Paca Old Post Road Elementary in Abingdon.
SPORTS
By Matt Vensel, The Baltimore Sun | April 11, 2011
Professional ice hockey is returning to Baltimore for the first time since 1997. The Washington Capitals, 1st Mariner Arena and Baltimore city officials announced Monday that the Capitals will host the Nashville Predators in the Baltimore Hockey Classic , an NHL preseason game on Sept. 20. Baltimore City Council President Bernard C. "Jack" Young, Capitals general manager George McPhee and 1st Mariner Arena general manager Frank Remescht made the announcement in the lobby of the arena, which was decked out in the Capitals' signature scarlet.
BUSINESS
By Hanah Cho, The Baltimore Sun | June 24, 2010
At a family-owned restaurant in Dundalk one evening this spring, 1st Mariner Bank CEO and Chairman Edwin F. Hale Sr. stood before schoolteachers, retirees and business owners and made an urgent pitch: Buy stock in Baltimore's largest independent bank and help ensure its survival. Among those who have purchased shares: friends of Hale's mother and substitute teacher Will White. "We didn't have a lot to invest, but we felt more comfortable investing it locally," said White, an Edgemere resident who ponied up $2,000 with his wife, Meg. "Of course, Ed, he's a guy who's larger than life.
NEWS
By Michael Dresser and Michael Dresser,SUN REPORTER | September 27, 2007
A plan to transform the MARC commuter rail service into a fully functional, seven-days-a-week urban transit system would cost an estimated $3.9 billion over the next three decades, according to an outline released yesterday by the Maryland Transit Administration. The plan, first reported by The Sun on Monday, would extend the service from Delaware to Virginia while more than tripling the current capacity of the overcrowded train system. The $3.9 billion figure is especially imposing because it is expressed in 2007 dollars.
NEWS
By Mark Guidera and Mark Guidera,Staff Writer | February 19, 1993
The Columbia Council last night reversed its earlier position on a pool for the neighborhood of Kendall Ridge and voted to include $75,000 in planning money for the facility in next year's proposed capital budget.The council's vote, 6-1 with two abstentions, is not binding since it was taken during a work session on the $10.1 million capital plan.But the strength of the vote suggests the money will be approved when the council formally votes March 1 on the spending plan.During a meeting in November, the council voted against putting planning money for the Kendall Ridge pool in the fiscal 1993-1994 budget that takes effect May 1.At that time, council members opposed a pool for Kendall Ridge hTC because some of Columbia's existing 21 pools lose money annually and because there are three other neighborhood pools in the Village of Long Reach, where Kendall Ridge is located.
NEWS
By Elaine Tassy and Elaine Tassy,SUN STAFF | February 25, 1998
The Anne Arundel Community College board of trustees unanimously approved yesterday a $46.2 million budget request for next year that would pay for nine new instructors and six technology experts.The budget increases spending 10.3 percent, or $4.3 million, over this year."The top priority for fiscal year 1999 is people -- we need more people," said Martha A. Smith, president of Anne Arundel Community College. "It is now time to bite the bullet and come forward. We are now at the point where we need to ask for new positions."
NEWS
By Laura McCandlish and Laura McCandlish,Sun Reporter | May 23, 2007
The Carroll County commissioners adopted yesterday a $328.4 million operating budget for fiscal year 2008 and a $187.1 million capital spending plan that represents a nearly 70 percent increase over this year's capital budget. The six-year capital plan includes a new $79 million northeast high school that Hampstead and Manchester parents pushed for after county management and budget director Ted Zaleski cut it from his initial proposal. Funds for the public schools - $149.2 million - plus another $10.7 million for debt service on school construction projects consume nearly 50 percent of the operating budget for fiscal year 2008, which begins July 1. Also included is $13.7 million for other educational expenses, including Carroll Community College.
Baltimore Sun Articles
|
|
|
Please note the green-lined linked article text has been applied commercially without any involvement from our newsroom editors, reporters or any other editorial staff.