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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 121-132
  • Op-Ed: Letter on Measure B had the facts wrong

    As city manager, I am precluded from advocating for or against a ballot measure. Yet as city manager it is incumbent upon me to help ensure the public has reliable and factual information in voting on such measures. In the case of Measure B, the...
  • Alex Theatre to get the bucks

    Alex Theatre to get the bucks
    Glendale plans to spend $750,000 of its own money to cover a budget shortfall for a $4.4 million plan to expand the Alex Theatre, even as the future of the historic venue remains uncertain. The theater, which has long been dependent on Glendale's...
  • Glendale to argue $20.2M tab

    Glendale’s top redevelopment official said this week that the city plans to negotiate with the state Department of Finance to lower an unexpected $20.2 million bill. “I am shocked,” Phil Lanzafame, Glendale’s officer for...
  • Glendale City Council candidates explain why they should be elected

    The 12 candidates vying for three seats on the Glendale City Council outline what makes them the best choice. Jefferson Black What City Hall needs is a diplomatic problem-solver. I’m open-minded, willing to listen to both sides of every issue. I&...
  • Glendale school board candidates share reasons they should get voters' support

    The seven candidates running for three open seats on the Glendale Univied school board explain why they should be elected. Dan Cabrera I am the best candidate for the Glendale School Board because of my experience as a PTA president, Glendale teacher,...
  • Measure B would mean higher rates

    The resolution for Measure B is ambiguous and disingenuous. It's not about amending the city charter to update accounting provisions to eliminate obsolete funds, or to reflect general accounting principles, or to clarify existing language regarding fund...
  • Glendale stands by its transfer of electric utility revenues

    City officials say they are on solid legal ground in continuing to transfer tens of millions of dollars in operating revenue from Glendale Water & Power -- no matter how residents vote in April on proposed amendments to the charter’s language...
  • Water rates have increased 51%

    Re: “City to pipe in new bond funds,” Nov. 3, the Glendale City Council recently raised our water rates 13% over the next four years. In addition, this is on top of the already 38% water rate increases residents, businesses and schools have...
  • Verdugo Views: Spend some time with war-bond history

    Verdugo Views: Spend some time with war-bond history
    When the United States entered World War II, the nation needed financing in order to build up its defense system. So the government issued a new series of war bonds. The first one, Series A, had been issued in 1935, as a way of promoting safe...
  • Water bonds narrowly approved

    Keenly aware that Glendale is being watched closely by credit-rating agencies, the City Council this week narrowly approved issuing $35 million in water bonds to improve the city-owned utility’s liquidity. The flush of cash is set to be used...
  • Glendale gives blessing for $13-million bond deal for senior housing project

    An affordable housing developer is set to receive $13 million in private revenue bonds to rehabilitate a 98-unit building in Glendale for “very low” income seniors. This is the second time this year Southern California Presbyterian Homes...
  • Historically low interest rates hold Glendale investment portfolio down

    City Treasurer Ron Borucki acknowledged there were “no surprises” when he issued yet another dismal report for the city’s investment portfolio this week at City Hall. “Balances are down, rate of return slipped a basis point and...