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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 85-96
  • 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...
  • Glendale to seek another round of money for redevelopment wind down

    As Glendale officials prepare to send in their fourth round of funding requests as part of the wind-down of local redevelopment, this time they’re asking for $700,000 to reimburse the city for some of roughly $66 million in loans the city has made...
  • Op-Ed: Letter on Measure B had the facts wrong

    As city manager, I am precluded from advocating for or against a ballot measure. Yet as city manager it is incumbent upon me to help ensure the public has reliable and factual information in voting on such measures. In the case of Measure B, the...
  • Pension reform leads issues at candidate forum

    Pension reform leads issues at candidate forum
    City pensions and looming electricity rate increases were front and center Saturday as 10 of the 13 candidates for City Council faced off at the first election forum of the campaign season. In front of about 80 people at the Oakmont Country Club,...
  • Change to bond process going to voters

    Glendale could join the growing list of government agencies that conduct direct negotiations with bond issuers if voters approve Measure C on the April ballot. Supporters of the change say allowing for negotiated bonds — rather than only permitting...
  • 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...
  • 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...
  • Measure B would mean higher rates

    The resolution for Measure B is ambiguous and disingenuous. It's not about amending the city charter to update accounting provisions to eliminate obsolete funds, or to reflect general accounting principles, or to clarify existing language regarding fund...
  • S. Korea pursues closer ties with Glendale

    S. Korea pursues closer ties with Glendale
    Korean cities are flocking to Glendale in hopes of creating business and cultural relationships with a city better known for its connection to Armenia. In fact, so many Korean cities have wanted to set up an official “sister city”...