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Credit Ratings

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Top Credit Ratings Articles see all

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  • 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.
  • 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...

    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. The rate increases came after several public meetings about...

    GWP rolls up its sleeves

    Glendale Water & Power is set to spend $7.8 million on capital improvements and research projects this year — a major boost for the system that officials said could only be achieved after issuing $35 million in bonds last month. The projects,...

    Glendale OKs electric rate study

    Without a single comment or question, the Glendale City Council this week unanimously approved spending roughly $71,000 on a study that will lay the groundwork for a proposed electric rate increase. The council doesn't expect to vote on the issue until...