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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
  • State agrees to pay out $3 million more for Glendale redevelopment obligations

    State agrees to pay out $3 million more for Glendale redevelopment obligations
    They may have lost the war, but Glendale officials have won a battle over millions of redevelopment funds. Last week, state finance officials agreed to give Glendale nearly $3 million it had denied in mid-December. Although Sacramento lawmakers ended...
  • Montrose Shopping Park board considers closed meetings

    Board directors for the Montrose Shopping Park Assn. on Thursday voiced support for holding closed-door meetings, with proponents saying the open format discourages frank discussion about potentially uncomfortable topics. The group is a quasi-...
  • Ron Kaye: Scott Ochoa sits down for a chat

    For Scott Ochoa, it was a year to remember given the 41-year-old city manager's leap from a small suburban town to Glendale, a city five times larger and far more complex. And he had big shoes to fill as well, with longtime City Manager Jim Starbird...
  • CV Water District dips into reserves to cover pension debt

    Crescenta Valley Water District officials this week voted to draw down heavily on the utility’s reserves to pay off a ballooning pension liability — a decision they said would have positive long-term affects given the high interest rate they...
  • 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...
  • On Education: GCC needs a leader who will stick around

    What would you like to see in the new Glendale Community College president? The time for public input regarding the most important job in local public education is now. The position is being advertised nationally, with the search committee to begin...
  • Committee outlines Measure S bond spending

    The committee overseeing Glendale Unified’s $270-million Measure S bond presented its first report this week and it concludes that the district’s bond spending is in compliance with state regulations. The report, presented during a school...
  • On Education: Schools have their own fiscal cliff to avoid

    You don't need to travel to Washington, D.C., to find a fiscal cliff to throw yourself off. Just take a turn down to Glendale Unified headquarters, where failure by the White House to reach some sort of deficit reduction deal will translate into a loss of...
  • Glendale pension costs keep rising

    Pension costs and other employee benefits continue to be a huge financial burden for Glendale, despite some gains in raising revenue and controlling costs, according to the most recent data available. As of June 2012, the annual pension cost was about...
  • The martial art of subduing special interests

    Passing a major reform in Sacramento has the same odds as a novice knocking out the champ at a martial-arts competition. This is particularly true when it comes to reforming ballot-box budgeting. I’ve introduced eight measures on this topic over the...
  • State denies Glendale millions to pay for redevelopment obligations

    State denies Glendale millions to pay for redevelopment obligations
    Glendale and state officials have locked horns for months over spending money for redevelopment obligations, but this week, a decision handed down from Sacramento escalated the fight. In a letter this week, the California Department of Finance denied...
  • Budget depends on state payback

    Glendale is counting on state officials to give it about $1.4 million for a redevelopment-related loan over the course of next year as it prepares the city's next budget. But there's still uncertainty over how much the California Department of Finance...