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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 37-48
  • Central Library revamp hits a snag

    Central Library revamp hits a snag
    The project costs for a Central Library revamp have ballooned from $10 million to $15 million, and while the City Council on Tuesday agreed the renovations are necessary to revive the city's core, they didn't make a decision on how to fill the funding gap...
  • Glendale adopts new $170.7-million General Fund budget

    After spending nearly two months to review the city’s finances, the City Council unanimously approved a $170.7-million General Fund budget for next fiscal year, which begins July 1, on Tuesday night. But even as the city prepares to move forward...
  • Glendale City Council to consider electricity rate increases

    The City Council on Tuesday is set to discuss a controversial set of electricity rate increases that would raise the compounded rate by 29% for residents and 24% for businesses by 2018. The proposed hikes would begin with an average jump of 8% this...
  • Crews to break ground on GCC campus

    Construction crews are slated to break ground in the fall on what will become Glendale Community College's largest building. The 90,000-square-foot, three-story structure, to built near the parking garage, will house classrooms and computer labs, as...
  • Glendale Council approves rate increases

    Glendale Council approves rate increases
    In a 3-2 vote, the City Council on Tuesday night approved five years of electricity rate increases through 2018. When compounded, the increases equate to a 29% hike for Glendale's residents. The rate increases came after several public meetings about...
  • Glendale could purchase property near Crescenta Valley Park

    Glendale could purchase property near Crescenta Valley Park
    A plot of ground that in 2006 was the proposed site of an Armenian high school and condominium project has caught the interest of the City Council. In a closed-door meeting this week, council members discussed purchasing the land, which is near...
  • Fundraising for Glendale's 100th Rose Parade float off to slow start

    Fundraising for Glendale's 100th Rose Parade float off to slow start
    Just $10,000 has been generated for Glendale’s 100th float in the Tournament of Roses Parade — and all of it from just one donor. The amount of money raised is a far cry from the $150,000 the city would like to cover with donations from...
  • Glendale ranks low in grand jury report

    Glendale ranks near the bottom in several categories of fiscal health compared to its fellow Los Angeles County cities, according to a recent grand jury report, an analysis city officials protested as flawed. The categories, discussed in a 120-page...
  • Manoukian details portfolio changes for Glendale

    Glendale’s portfolio continues to slide, but City Treasurer Rafi Manoukian forecast an uptick in interest rates around the corner, which bodes well for Glendale’s investment opportunities. The city’s investment portfolio sank to $372...
  • Glendale council OKs bonds for power utility upgrades

    Glendale council OKs bonds for power utility upgrades
    The City Council this week approved issuing $60 million in bonds for electricity-related capital improvements, a move that will cost city coffers about $3 million a year in principle and interest payments. The bonds, which were already incorporated into...
  • Ron Kaye: Valley COG is a missed opportunity

    Ron Kaye: Valley COG is a missed opportunity
    The meeting started late and it started badly, with a 10-minute argument about approving the minutes of the last meeting. Then it headed downhill. Issues that were raised were sent to committees for further study, though no one was quite sure which...
  • Glendale city officials rip grand jury report

    City leaders on Tuesday slammed a recent Los Angeles County Civil Grand Jury report that concluded Glendale fell short on several markers of fiscal health, with one local official calling the findings “garbage” while another heaped ire on...