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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
  • Annual Cruise Night to be scaled back this year

    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...
  • Cities grapple with redevelopment decision

    Cities grapple with redevelopment decision
    The California Supreme Court decision on Thursday that the state was within its power to abolish local redevelopment agencies could have significant repercussions for Burbank and Glendale. The court's decision was the worst possible outcome for those who...
  • Districts to pick up school bus tab

    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...
  • Liu introduces bill to help cities collect on debts

    Liu introduces bill to help cities collect on debts
    Sen. Carol Liu (D-La CaƱada 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,...
  • 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...
  • 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...
  • City asks for $70M to cover leftover redevelopment costs

    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...
  • Glendale Rose Float Assn. has had enough

    This is a letter to explain why the Glendale Rose Float Assn. has elected to disband. We were formed in 1978, after Proposition 13, with the intention of voluntarily raising funds to help offset the cost to the city of Glendale’s float in the...
  • New city manager talks business

    New city manager talks business
    Glendale’s economy appears to be turning the corner, but it will still have to adapt to the “new normal,” said City Manager Scott Ochoa during an economic outlook event Wednesday. There are some bright spots on the horizon, he said,...
  • City adjusts conflict of interest rules

    City adjusts conflict of interest rules
    Glendale City Council members on Tuesday voted to raise the financial threshold for recusing themselves from voting on contracts that involve political donors, a move officials said would make the conflict of interest rules more in line with existing...
  • The playhouse is the thing

    The playhouse is the thing
    When the Pasadena Playhouse filed for bankruptcy in 2010, closing its doors and some $2.3 million in debt, a leading player in its recovery and reopening later that year was Stephen Eich, the respected former managing director of both Chicago’s...
  • City, Charter Cable begin second legal fight

    More than year after Glendale emerged victorious from a legal fight with Charter Communications over its planned cable channel changes, the two are at it again. This time, Charter is accusing Glendale officials of illegally using strands of company-owned...