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Anna Kendrick

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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
  • Legal opinion backs money transfers from Glendale electric utility

    Legal opinion backs money transfers from Glendale electric utility
    Officials can continue to transfer millions of dollars from Glendale’s electric utility to pay for general public services, and at the same time increase electricity rates without a public vote, according to a legal analysis of both practices...
  • Glendale exits joint lawsuit

    Glendale exits joint lawsuit
    Glendale is withdrawing from a joint lawsuit filed against California to protect property tax revenues meant to help cover the cost of winding down redevelopment-related debt, citing signs that the state is loosening its hold on avenues for recouping...
  • Glendale considers more water bonds, refinancing others

    Glendale considers more water bonds, refinancing others
    The City Council this week took one of the first steps to issuing and refinancing tens of millions of revenue bonds for Glendale Water & Power, which officials say needs more resources to complete deferred capital improvements. The city plans to issue...
  • Ron Kaye: Money, power, public policy

    It was like stumbling into a convention of the Society of Influence Peddlers, with old friends and enemies schmoozing before the start of festivities. There were Hall of Fame lobbyists like Richard Alatorre and Mike Roos, and future Hall-of-Famers like...
  • Op-Ed: Changing the culture at GWP

    Recently, there has been a great deal written about Glendale Water & Power in the press. Much of it has been controversial — smart meters, leadership changes, a budget deficit, proposed rate increases, poor public outreach, the revenue transfer to...
  • Lack of pension reform is the problem

    In Saturday's editorial (“Truism on transferring utility funds,” July 7), the Glendale News-Press is asking the city government to be up-front about telling the public why it needs to increase utility rates and move the money from the Glendale...
  • Citing debt, ratings agency gives Glendale water utility negative outlook

    Citing debt, ratings agency gives Glendale water utility negative outlook
    The water side of Glendale Water & Power is so in debt, a bond rating agency downgraded the utility’s rating and gave it a negative outlook because the score is expected to drop again in the future. Dropping the rating from AA to A+ could lead to...
  • 'No' on Measure B retains charter protection

    Our charter authorizes money transfers to the general reserve fund from the GWP surplus fund, using surplus monies leftover after all GWP needs and obligations are met. In conflict with the charter, Glendale annually transfers $21 million even without a...
  • 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...
  • Pension reform leads issues at candidate forum

    Pension reform leads issues at candidate forum
    City pensions and looming electricity rate increases were front and center Saturday as 10 of the 13 candidates for City Council faced off at the first election forum of the campaign season. In front of about 80 people at the Oakmont Country Club,...
  • Change to bond process going to voters

    Glendale could join the growing list of government agencies that conduct direct negotiations with bond issuers if voters approve Measure C on the April ballot. Supporters of the change say allowing for negotiated bonds — rather than only permitting...
  • Glendale education institutions only now start seeing money from redevelopment wind down

    State lawmakers billed the end of redevelopment as a boon for schools, but it took nearly a year for Glendale Unified to start reaping the benefits. At a time when public education institutions are contemplating teacher layoffs and other cost-cutting...