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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
  • Ron Kaye: Money, power, public policy

    It was like stumbling into a convention of the Society of Influence Peddlers, with old friends and enemies schmoozing before the start of festivities. There were Hall of Fame lobbyists like Richard Alatorre and Mike Roos, and future Hall-of-Famers like...
  • Glendale reshuffles exec role after loss of redevelopment

    The man in charge of Glendale’s now-defunct redevelopment agency has been promoted to a new executive position that will focus on marketing the city to outside businesses. Philip Lanzafame’s new job comes as the city embarks on a mission...
  • Faced with a budget gap, Glendale approves retirement incentives

    Glendale may save more than $9.5 million annually after 117 employees retire early, but paying for the incentive credited with voluntarily trimming the city's workforce will cost about $1.6 million. The City Council approved the expenditure this week,...
  • Legal opinion backs money transfers from Glendale electric utility

    Legal opinion backs money transfers from Glendale electric utility
    Officials can continue to transfer millions of dollars from Glendale’s electric utility to pay for general public services, and at the same time increase electricity rates without a public vote, according to a legal analysis of both practices...
  • Glendale exits joint lawsuit

    Glendale exits joint lawsuit
    Glendale is withdrawing from a joint lawsuit filed against California to protect property tax revenues meant to help cover the cost of winding down redevelopment-related debt, citing signs that the state is loosening its hold on avenues for recouping...
  • 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...
  • Glendale scrambles to fill dollar gaps

    Glendale scrambles to fill dollar gaps
    Glendale officials are planning to use $2.3 million it has on hand to fill in gaps created by the state continually underfunding Glendale's attempts to pay off its lingering redevelopment debt obligations. Since the state dissolved local redevelopment...
  • Portantino's race for 25th district starts

    Portantino's race for 25th district starts
    Former Assemblyman Anthony Portantino has only been home from Sacramento for six months, but the La Caņada Flintridge resident is already gearing up for his next shot at office — the State Senate seat in the 25th district. That seat, currently...
  • 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...
  • 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...