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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 25-36
  • Glendale city budget meeting addresses expected funding gaps, increased fees

    To get ahead of seven years of relatively small expected deficits, the City Council set itself on a path to approve a second round of retirement incentives at the second-to-last budget meeting for the year Tuesday night. How many employees may take...
  • IBEW files transfer lawsuit

    A Glendale resident and a city union filed a lawsuit last week in Los Angeles Superior Court asking a judge to stop Glendale officials from transferring tens of millions of dollars from its utility fund to pay for police, parks and other general services....
  • Letter: Transfer is a lifeline to the General Fund

    I have been asked to sign a petition for a ballot measure that would end support for the General Fund (parks, libraries, police, fire and general government, everything not supported by its own revenue base) from part of Glendale’s utility tax. I...
  • Glendale prepares to sell vintage arcade machines

    Glendale prepares to sell vintage arcade machines
    Turns out the state law that forced Glendale to hold onto dozens of vintage arcade machines doesn't apply to the games at all, paving the way for an upcoming auction of the machines last valued at a total of roughly $100,000. More than 50 games, which...
  • Glendale council candidates split on Rockhaven development

    Glendale council candidates split on Rockhaven development
    Five candidates vying for a seat on the City Council this June had differing opinions on the future of the city-owned Rockhaven Sanitarium, a historic site Glendale officials are considering for limited development, during a forum Monday night. Most of...
  • NASA: House bill substantially increases planetary funding budget

    NASA: House bill substantially increases planetary funding budget
    The Mars 2020 missions can remain on track and general funding for planetary science will be significantly boosted if a drafted proposal giving NASA $17.6 billion is approved, Rep. Adam Schiff (D-Burbank) announced Wednesday.  The draft proposal,...
  • City departments ask for more funds

    City departments ask for more funds
    Several city departments, including fire and Glendale Water & Power, have proposed increased budgets featuring capital-improvement projects for next fiscal year, driving up the city's overall spending plan. Revamping a fire station to accommodate a...
  • Barnes, Devine lead campaign fundraising

    The two candidates with the most campaign cash so far in the Glendale City Council race have accumulated less than contenders from the previous race despite lending themselves tens of thousands of dollars. Realtor Rick Barnes raised $43,910 between...
  • Council candidates want to slow down development in downtown Glendale

    As thousands of apartment units continue to fill downtown Glendale, all five candidates for City Council told about 130 people on Wednesday night at the first election forum this campaign season that they believe in slowing down development. “It&...
  • Letter: Solutions exist to fix city's deficits

    City Manager Scott Ochoa, in his recent rebuttal in the News-Press, stated that I was wrong that 84% of our pension obligations are funded, not unfunded as I stated the week before. His comments are disingenuous. City records indicate that in the years...
  • Majority of council candidates oppose further bicycle infrastructure in Glendale

    The final City Council candidate forum this week further teased out differences and similarities between the five vying for a single open seat on June 3. The candidates disagreed on issues from pension reform to bicycle infrastructure improvements at the...
  • Council to review options to address Glendale budget deficit

    Although city fees related to Glendale’s building boom and a rebound in post-recession sales taxes are expected to boost resources for the city’s budget, rising pension, medical, and other costs are expected to eat into those increases,...