TREASURER'S RACE A CONTEST THIS YEAR LAWYER RUNNING AGAINST INCUMBENT.Byline: Naush Boghossian Staff Writer GLENDALE - The city treasurer position will have its first real race in 20 years on April 5, when incumbent Ronald Borucki is challenged by attorney Phillip Kazanjian. In his capacity as treasurer for the past six years, Borucki has been the city's investment officer, managing a $550 million portfolio, as well as the city's banker, responsible for the receipt and disbursement of all city funds. ``You cannot overestimate the importance of the city treasurer position,'' said city spokesman Ritch Wells. ``I think it's important for the voters to understand the importance of this position.'' The following are brief profiles of the candidates and what they would like to do as city treasurer: Name: Ronald Borucki Age: 52 Birthplace: Buffalo, N.Y. Marital status: Married Children: 3 Education: University of Buffalo Career: Banking officer; current Glendale treasurer Campaign issues: Continue a conservative approach to fiscal policy Fiscal Policy Government spending policies that influence macroeconomic conditions. These policies affect tax rates, interest rates, and government spending, in an effort to control the economy.Notes: Since the 1980s, most Western Countries have held a "tight" policy, limiting public expenditure. See also: Income Tax, Interest Rates, Monetary Policy, Reflation given challenges like wars, recession, interest rates; continue to make treasury reports and city investment policy available on city's Web site. Phillip Kazanjian Age: 59 Birthplace: Visalia Marital status: Married Children: 1 Education: University of Southern California; Lincoln University Lincoln University. 1 At Jefferson City, Mo.; coeducational; land-grant and state supported; founded 1866 as Lincoln Institute. The school was established for the education of freed slaves by members of the 62d and 65th U.S. Colored Regiments. Its present name was adopted in 1921. The university became open to all qualified students in 1954. 2 At Lincoln University, Pa.; coeducational; chartered 1854 as the Ashmun Institute. School of Law in San Francisco Career: Attorney; part-time instructor at Glendale Community College Campaign issues: Make the Treasurer's Office more open and transparent; be accountable to residents; hold seminars to educate residents about money. |
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