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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 61-72
  • 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...
  • 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...
  • Glendale continues to invest in capital improvement projects

    Last year, Glendale completed about $36 million in capital improvement projects, and city officials plan for roughly $78 million worth of projects this year and in 2015, according to City Engineer Roubik Golanian. The projects, which include improvements...
  • Survey shows Glendale residents are pleased with city

    As city officials try to test the waters about where voters stand on additional taxes, a recent survey revealed that residents are generally pleased with how the city is operating and are not prepared to take on any new taxation measures. Results from...
  • 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...
  • 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...
  • City Council forgoes bidding process for bonds; councilman upset

    The City Council decided this week to eschew a competitive bidding process to refinance nearly $87 million worth of bonds because officials feared the issuance would have no takers if they went the traditional route. But the decision didn’t come...
  • Outside funding sources help Glendale improve parks during recession

    Outside funding sources help Glendale improve parks during recession
    Since the height of the recession, Glendale has spent roughly $33 million on parks improvements, but officials wouldn’t have been able to accomplish that feat during those lean budget years if not for outside sources such as state and federal...
  • 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 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...