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IBEW rejects Glendale contract offer
About 200 Glendale Water & Power employees and their Los Angeles counterparts demonstrated in support of a new contract outside Glendale City Hall Tuesday after the International Brotherhood of Electrical Workers Local 18 rejected a proposed agreement...
Tags: Career and Workplace, Matt Doyle, Economy, Business and Finance, Unions, Water Supply
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Who should be in control of Glendale?
The Glendale city treasurer is responsible for the receipt and disbursements of all city funds, the management of the city's investment portfolio, and reporting investment activity to the City Council and the people of Glendale. The city treasurer is...Tags: Elections, Politics, Business, Economy, Business and Finance, Health and Safety at Work
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Annual Cruise Night to be scaled back this year
Cruise Night — the annual event in which hotrods and custom and classic cars take over downtown Glendale — will be scaled back this summer after officials this week decided to more than halve the event's budget. The $103,000 required to...
Tags: General Motors Corp., Manufacturing and Engineering, Public Officials, Politics, Government
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Ron Kaye: Cities can't wait for state
What started out a year ago as a multibillion-dollar money grab triggered by Gov. Jerry Brown's call to abolish redevelopment agencies statewide now shows every sign of morphing into a power grab. City managers of Burbank, Glendale and Pasadena are...Tags: Property, Politics, Government, Jerry Brown, Economy, Business and Finance
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Fitch downgrades Airport Authority bonds
Credit agency Fitch this week downgraded its rating on Burbank-Glendale-Pasadena Airport Authority bonds, but noted the airport is in healthy financial shape overall. The agency dropped its rating to A+ from AA- on $53.5 million worth of outstanding 2005...
Tags: Air Transportation Industry, Southwest Airlines Co., Loans, Economy, Business and Finance, American Airlines, Inc.
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City could lose millions in unpaid redevelopment funds
As the city’s redevelopment program continues to wind down, city officials this week reported that the loss of the program could choke off $79.5 million slated for the city’s General Fund, which pays for public services such as libraries and...Tags: Justice System, Economy, Business and Finance, Crime, Law and Justice
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City's portfolio value down $2 million
Glendale’s investment portfolio ended the second fiscal quarter at $396 million, down $2 million from the end of the previous quarter, according to the latest report. The portfolio’s slip is driven by historically low interest rates, which...Tags: Federal Reserve, Companies and Corporations, Money and Monetary Policy, General Electric Company, Bonds
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City forced to scale down nonprofit funding
The federal government has slashed funds it gives to Glendale for social services and community projects by 35% compared to last year, a bigger hit than expected, officials said at a City Hall meeting Friday. The Community Development Block Grants and...Tags: Social Services, Economy, Business and Finance, Bankruptcy
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Districts to pick up school bus tab
Glendale and Burbank school districts will absorb hundreds of thousands of dollars in state-mandated cuts to student busing to ensure that transportation services won’t be interrupted, their superintendents said this week.
Gov. Jerry Brown last...Tags: Finance, Government Debt, Teaching and Learning, Jerry Brown, Students
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Liu introduces bill to help cities collect on debts
Sen. Carol Liu (D-La Cañada Flintridge) introduced legislation Thursday she contends that, had been in place during fiscal year 2010-11, would have resulted in about $3.5 million in additional funds for local governments in California.
The bill,...Tags: Finance, John Chiang, Economy, Business and Finance, Local Government
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Redevelopment agency change vexes Council
As Glendale shuts down its redevelopment agency in the coming months, City Council members will have a new hat to wear — one they don’t particularly like. Once directors of the redevelopment agency, council members are set to take the helm of...Tags: Finance, Interior Policy, Public Officials, Housing and Urban Planning, Politics
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City asks for $70M to cover leftover redevelopment costs
With the Feb. 1 deadline for dissolving local redevelopment agencies looming, Glendale this week laid out a plan to fulfill outstanding obligations that could end up totaling almost $70 million.
Glendale’s redevelopment agency is one of about 400...Tags: Finance, Public Officials, Politics, Government, Jerry Brown
Apr 11, 2012
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Apr 13, 2012
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Apr 18, 2012
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Apr 22, 2012
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Apr 26, 2012
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Feb 15, 2012
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Feb 15, 2012
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Feb 17, 2012
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Jan 3, 2012
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Jan 6, 2012
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Jan 11, 2012
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Jan 25, 2012
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