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Glendale could see $57 million-worth of improvement projects in the pipeline
Glendale officials have proposed budgeting $57 million next fiscal year for capital improvement projects, including park, street and utility improvements, adding to what City Manager Scott Ochoa this week said was "a lot of good stuff" coming in the...Tags: Budgets and Budgeting, Water Supply, Economy, Business and Finance, Electricity Production and Distribution, Google Inc.
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Electricity rate hikes back on the radar in Glendale
Glendale will host a series of community meetings to discuss a schedule of electricity rate increases that city officials say are needed to pay for badly needed infrastructure upgrades and to improve the utility’s financial footing. The meetings...
Tags: Boy Scouts of America, Local Elections, Public Officials, Recreational and Sporting Goods Industry, Politics
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Glendale to retrieve millions from redevelopment shut-down
After more than a year of hand-wringing and headaches on the part of the city, the California Department of Finance has given Glendale the go-ahead to use about $17 million in bond money and take back nearly $66 million in loans from its former...Tags: Economy, Business and Finance, Arts and Culture, Google Inc.
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Glendale receives AAA rating
Wall Street's biggest credit rating agency, Standard & Poor's, has affirmed Glendale's AAA rating, citing the city's strong financial performance and management practices. The stable outlook puts Glendale's credit worthiness higher than that of the...Tags: Credit Ratings, Minor League Baseball, Credit and Debt, Career and Workplace, Manufacturing and Engineering
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More deficits for Glendale, but smaller
Over the next five years, Glendale may still face multi-million dollar budget gaps, even if revenues from property and sales taxes continue to climb at a steady rate, city officials said at a budget meeting Tuesday. But unlike in recent years, the...Tags: Budgets and Budgeting, Economy, Business and Finance
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Burbank, Glendale schools hold breath over budget
Despite plans by Gov. Jerry Brown to spend roughly $1.6 billion more on education, local school officials this week remained only cautiously optimistic about their financial prospects. The additional funding included in Brown's budget revision...Tags: Public Finance, Budgets and Budgeting, Politics, Media Industry, Economy, Business and Finance
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Glendale councilman contends newly elected treasurer is violating city work rules
City officials are reviewing whether a rule that blocks full-time employees from holding other jobs applies to newly elected City Treasurer Rafi Manoukian. Manoukian, who left his council seat early after winning the treasurer post, holds a second...
Tags: Elections, Public Officials, Politics, Government, Economy, Business and Finance
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Glendale officials to see black ink
Glendale officials say they expect the city to end the fiscal year next month $3.9 million in the black — money that could be used to shore up worker compensation and other funds that are in severe need of replenishment. In addition to the surplus...Tags: Budgets and Budgeting, Interior Policy, Career and Workplace, Pension and Welfare, California Public Employees' Retirement System
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Glendale is no different from Los Angeles
In 2001, Former Mayor Frank Quintero approved changing the benefit factor that would allow safety personnel to retire after 30 years of service at age 50 with 90% of their last year of spiked income, rather than maintaining their existing generous 75%...Tags: Housing and Urban Planning, Public Housing, Elections, Interior Policy, Public Officials
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Glendale looks to resurrect redevelopment
While Glendale officials want to create a new economic development department to replace the defunct redevelopment agency, there's no money to operate it. But that appears to be a temporary hurdle. The City Council took the first step this week to...Tags: Economic Policy, Economy, Business and Finance
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Glendale City Council: Old rule brings new consequences for mid-term open seat
When city officials changed the rules on how to fill an empty City Council seat mid-term, they didn't expect to be stuck deciding between a batch of bad choices roughly eight years later. The 2005 change was supposed to prompt an early election and...Tags: Crime, Law and Justice, Elections, Public Officials, Local Elections, Government
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Pension cost rise threatens Glendale's budget
Glendale officials warned this week that planned changes to how the state's pension agency calculates contribution rates will have a significant impact on a city still recovering from a prolonged recession. The California Public Employees' Retirement...Tags: Budgets and Budgeting, Interior Policy, Career and Workplace, Pension and Welfare, California Public Employees' Retirement System
May 23, 2013
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May 21, 2013
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May 21, 2013
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May 16, 2013
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May 15, 2013
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May 17, 2013
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May 10, 2013
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May 8, 2013
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Apr 30, 2013
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Apr 25, 2013
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Apr 20, 2013
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Apr 19, 2013
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