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Financial and Business Services

A collection of news and information related to Financial and Business Services published by this site and its partners.

Top Financial and Business Services Articles see all

Displaying items 1-5
  • Drayman's payments lowered

    Former Councilman John Drayman's monthly $1,000 restitution payments to the victims he embezzled from were reduced by more than half after financial evaluators showed he wasn't earning much income, though a Los Angeles Superior Court Judge told him this week that he should be looking for more work.
  • Lawsuit filed in water-rate flap

    A financial consulting company that miscalculated multiple years of water rates in 2012 should pay for its mistakes, which cost Glendale more than $9.3 million, according to a lawsuit city officials filed Wednesday in Los Angeles Superior Court. The $9....

    City set to pay consultant to fix water rates

    A consultant is set to be paid $130,000 to fix Glendale’s broken water rates following City Council’s approval this week. That’s on top of about $50,000 the city already paid Berkeley-based Bartle Wells for an initial analysis of the...

    GWP officials to propose new series of rates

    Following the discovery of massive errors in multiple years of water-rate increases approved by the City Council in 2012, Glendale Water & Power officials plan to propose a new series of rates that would boost revenue over five years by 5% the first two...

    Glendale Water & Power could face rating dip

    Glendale Water & Power could face rating dip
    Several bond-rating agencies this week warned that without an increase in electric rates this year, Glendale Water & Power could face a downgrade due to its weak financial performance. The warnings come weeks before a City Council election in which three...