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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 73-84
  • 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...
  • 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...
  • 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%...
  • During Glendale state of the schools address, a dire budget warning for next year

    Glendale Unified Supt. Dick Sheehan forecast a grim year ahead during the eighth annual State of the Schools address Thursday at Edison Elementary. While celebrating the district’s ability to weather past financial calamities, he acknowledged...
  • Glendale Unified faces grim future

    Glendale Unified faces grim future
    [Oct. 10, 2012: This post has been corrected, see below for details.] The message to Glendale Unified parents on Monday night was dire: The school district's budget is so weak that officials will have no choice but to cut personnel and increase class...
  • On Education: The fate of schools is in voters' hands

    This post has been updated, see below for details. The hum of a half-dozen telephone conversations percolated through Glendale Teachers Assn. headquarters in Montrose on a recent afternoon. Union members are gathering on a near daily basis to call voters...
  • Glendale issues layoff notices

    As the city issues another round of layoff notices, more than two dozen employees could be cut in coming months, with Glendale Water & Power seeing the highest impact as officials attempt to pull the utility out of the red. In addition to issuing the...
  • Ron Kaye: Empty desks, a new way of life

    The email from Moody's credit rating service that popped up on my computer screen boggled my mind: Glendale was among 40 California cities that were downgraded or are facing downgrades, but Los Angeles and San Francisco could get upgrades. I'm an old...
  • Council calls for update to Glendale's Charter

    City officials on Tuesday said they want to tweak language in Glendale's Charter to reflect modern financial accounting practices and streamline the annual transfer of millions of dollars each year in utility revenues to pay for public services. Any...
  • Glendale's investment portfolio continues to slide amid low interest rates

    Glendale’s investment portfolio ended the fiscal year in June at $393 million, down $16 million from the same period last year, according to a city report released this week. The city’s investment returns have been stifled by low interest...
  • City should repay GWP transfers

    In the Oct. 12 article “Glendale mulls April ballot issues,” reporter Brittany Levine wrote, “In addition, the City Council also directed the city treasurer to look into drafting a measure that would ask voters to change the city...
  • Charter change isn't 'streamlining'

    As one critic of city transfers of Glendale Water and Power electric receipts to pay for general services, I wish to respond to the story, “Council mulls April ballot issues,” Oct. 12. It correctly states that opponents have argued the...