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Credit Ratings

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

Top Credit Ratings Articles see all

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  • Glendale Council approves rate increases

    Glendale Council approves rate increases
    In a 3-2 vote, the City Council on Tuesday night approved five years of electricity rate increases through 2018. When compounded, the increases equate to a 29% hike for Glendale's residents.
  • Glendale council OKs bonds for power utility upgrades

    Glendale council OKs bonds for power utility upgrades
    The City Council this week approved issuing $60 million in bonds for electricity-related capital improvements, a move that will cost city coffers about $3 million a year in principle and interest payments. The bonds, which were already incorporated into...

    Letter: High bond rating not important

    Congratulations to Bert Ring on his Sept. 28 political cartoon. Our City Council has again come out saying the Los Angeles County civil grand jury report on the fiscal health of our city was not worth the paper on which it was printed. Our financial...

    Bob Hope gets credit rating warning

    Bob Hope gets credit rating warning
    Bob Hope Airport received a warning this week that its credit rating is likely to suffer if it issues bonds to cover most of the construction costs for its proposed $120-million transit center. On Tuesday, Fitch Ratings put out a “negative watch&...

    Local housing market still falling

    Local residential real estate prices and the number of pending sales dropped off in May, casting gloom over the traditionally strong spring housing market. The average sale price of a Glendale home in May was $456,000, down $50,000 from the same time...