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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
  • Glendale to avoid layoffs in closing $1.2 million budget gap

    Glendale officials plan to close a $1.2 million budget gap for next fiscal year without reducing staff or using money put aside for police vacancies. Compared to budget gaps of $15.4 million and $18 million, respectively, over the past two years, the...
  • 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 could see $57 million-worth of improvement projects in the pipeline

    Glendale officials have proposed budgeting $57 million next fiscal year for capital improvement projects, including park, street and utility improvements, adding to what City Manager Scott Ochoa this week said was "a lot of good stuff" coming in the...
  • Burbank, Glendale schools hold breath over budget

    Despite plans by Gov. Jerry Brown to spend roughly $1.6 billion more on education, local school officials this week remained only cautiously optimistic about their financial prospects. The additional funding included in Brown's budget revision...
  • Electricity rate hikes back on the radar in Glendale

    Electricity rate hikes back on the radar in Glendale
    Glendale will host a series of community meetings to discuss a schedule of electricity rate increases that city officials say are needed to pay for badly needed infrastructure upgrades and to improve the utility’s financial footing. The meetings...
  • Glendale to retrieve millions from redevelopment shut-down

    After more than a year of hand-wringing and headaches on the part of the city, the California Department of Finance has given Glendale the go-ahead to use about $17 million in bond money and take back nearly $66 million in loans from its former...
  • More deficits for Glendale, but smaller

    Over the next five years, Glendale may still face multi-million dollar budget gaps, even if revenues from property and sales taxes continue to climb at a steady rate, city officials said at a budget meeting Tuesday. But unlike in recent years, the...
  • Glendale receives AAA rating

    Wall Street's biggest credit rating agency, Standard & Poor's, has affirmed Glendale's AAA rating, citing the city's strong financial performance and management practices. The stable outlook puts Glendale's credit worthiness higher than that of the...
  • 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...
  • Glendale councilman contends newly elected treasurer is violating city work rules

    Glendale councilman contends newly elected treasurer is violating city work rules
    City officials are reviewing whether a rule that blocks full-time employees from holding other jobs applies to newly elected City Treasurer Rafi Manoukian.  Manoukian, who left his council seat early after winning the treasurer post, holds a second...
  • 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...