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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 49-60
  • '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...
  • Ron Kaye: Water provides a lesson in government

    Ron Kaye: Water provides a lesson in government
    Many government meetings are broadcast live and archived with a vast array of official records posted online. Mainstream media may be on financial life support, but more than half the adult population still reads a newspaper daily, in print or digital...
  • City's rejection of report is sad commentary

    For the city to completely reject the grand jury’s report (“City to ignore jury’s report,” June 13) is sheer fiscal absurdity. Ignorance is bliss, but arrogance in government by city officials is perilous and reckless. “He...
  • GCC budget looking better

    Glendale Community College may be approaching the light at the end of the tunnel. As part of a tentative draft of the 2013-14 budget this week, college officials predict more students and more classes this fall. Although college officials still have...
  • 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: Old rule brings new consequences for mid-term open seat

    When city officials changed the rules on how to fill an empty City Council seat mid-term, they didn't expect to be stuck deciding between a batch of bad choices roughly eight years later. The 2005 change was supposed to prompt an early election and...
  • City cracks down on real estate fraud

    Officials this week approved another six-figure grant to help pay for real estate fraud investigations in Glendale, where victims lost more than $1.6 million to related scams last fiscal year alone, officials said. Real estate fraud can often cause...
  • Glendale looks to resurrect redevelopment

    While Glendale officials want to create a new economic development department to replace the defunct redevelopment agency, there's no money to operate it. But that appears to be a temporary hurdle. The City Council took the first step this week to...
  • GCC turns to campus infrastructure upgrades

    GCC turns to campus infrastructure upgrades
    After years of grappling with budget cuts, Glendale Community College is poised to invest millions of dollars in campus infrastructure improvements. The focus of about $2.3 million in spending planned for later this year will be to make the campus...
  • Glendale is no different from Los Angeles

    In 2001, Former Mayor Frank Quintero approved changing the benefit factor that would allow safety personnel to retire after 30 years of service at age 50 with 90% of their last year of spiked income, rather than maintaining their existing generous 75%...
  • Glendale officials to see black ink

    Glendale officials say they expect the city to end the fiscal year next month $3.9 million in the black — money that could be used to shore up worker compensation and other funds that are in severe need of replenishment. In addition to the surplus...