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Finance

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

Top Finance Articles

Displaying items 109-120
  • S. Korea pursues closer ties with Glendale

    S. Korea pursues closer ties with Glendale
    Korean cities are flocking to Glendale in hopes of creating business and cultural relationships with a city better known for its connection to Armenia. In fact, so many Korean cities have wanted to set up an official “sister city”...
  • State agrees to pay out $3 million more for Glendale redevelopment obligations

    State agrees to pay out $3 million more for Glendale redevelopment obligations
    They may have lost the war, but Glendale officials have won a battle over millions of redevelopment funds. Last week, state finance officials agreed to give Glendale nearly $3 million it had denied in mid-December. Although Sacramento lawmakers ended...
  • Montrose Shopping Park board considers closed meetings

    Board directors for the Montrose Shopping Park Assn. on Thursday voiced support for holding closed-door meetings, with proponents saying the open format discourages frank discussion about potentially uncomfortable topics. The group is a quasi-...
  • Ron Kaye: Scott Ochoa sits down for a chat

    For Scott Ochoa, it was a year to remember given the 41-year-old city manager's leap from a small suburban town to Glendale, a city five times larger and far more complex. And he had big shoes to fill as well, with longtime City Manager Jim Starbird...
  • Glendale pension costs keep rising

    Pension costs and other employee benefits continue to be a huge financial burden for Glendale, despite some gains in raising revenue and controlling costs, according to the most recent data available. As of June 2012, the annual pension cost was about...
  • The martial art of subduing special interests

    Passing a major reform in Sacramento has the same odds as a novice knocking out the champ at a martial-arts competition. This is particularly true when it comes to reforming ballot-box budgeting. I’ve introduced eight measures on this topic over the...
  • State denies Glendale millions to pay for redevelopment obligations

    State denies Glendale millions to pay for redevelopment obligations
    Glendale and state officials have locked horns for months over spending money for redevelopment obligations, but this week, a decision handed down from Sacramento escalated the fight. In a letter this week, the California Department of Finance denied...
  • Glendale moves to issue more water bonds for infrastructure upgrades

    Glendale moves to issue more water bonds for infrastructure upgrades
    With Glendale’s bond rating under scrutiny, the City Council this week moved toward issuing $35 million in water bonds to cover the cost of planned infrastructure work. In October, Moody’s Investors Service put Glendale and dozens of other...
  • GWP audit reveals issues at storage warehouse

    Glendale Water & Power's storage warehouse hasmore than $1 million in tools that haven't been used in four years, according to a recent audit that also found several issues with security and how products are tracked and stored. When Public Works...
  • Questions roil Armenian Genocide compensation fund

    More than $1.6 million has been paid out from a compensation fund for descents of Armenian Genocide victims, according to a status report filed in a lengthy lawsuit in U.S. District Court. However, four of the 32 claimants who haven’t been paid...
  • On Education: Schools have their own fiscal cliff to avoid

    You don't need to travel to Washington, D.C., to find a fiscal cliff to throw yourself off. Just take a turn down to Glendale Unified headquarters, where failure by the White House to reach some sort of deficit reduction deal will translate into a loss of...
  • Glendale OKs ballot measures for fund transfers, city treasurer post

    Glendale OKs ballot measures for fund transfers, city treasurer post
    An initiative that would simplify how Glendale transfers tens of millions of dollars from the city-owned utility to pay for general public services is officially going on the April ballot. City Hall officials say the changes, which the City Council...