For months, officials in Montebello have worried that they might run out of cash by the fall, or be forced to make drastic cuts to stay in business.

But on Thursday, officials in the beleaguered city announced that it had gotten a $2.5-million loan as it seeks to get back on firm financial footing.

The loan must be paid back by June, said interim City Manager Larry Kosmont… Continue reading

Sifting though the postmortem news of Borders Group’s demise Continue reading

Dr. Honsy Benjamin was counting on city Redevelopment Agency financial aid to subsidize $16,200 for storefront improvements Continue reading

Legislation to reform California’s regulatory system and establish a new Continue reading

At the current rate, Montebello will run out of money in October. Because of Continue reading

Vietnam veteran Philip Laniz remembers a time when returning vets were not readily Continue reading

City officials recently selected a developer to build a potential $1.3 million project paid for by Continue reading

In a move Councilman Frank Gomez described as a Hail Mary pass, the City Council on Wednesday adopted a balanced operating budget for 2011-12 and moved forward on a fiscal recovery plan.

With just days left to bid for and secure a loan to keep the city from running out of cash, the council voted… Continue reading

In order to survive fiscally in both the short and long term, Montebello will have to Continue reading

The Fall of 2011 will not be kind to some Whittier area teachers. Almost 250 teachers and administrators have received pre-pink notice that they may not have jobs in the fall, thanks to years of state budget cuts that have gutted Whittier-area districts’ reserves and taken a devastating toll on their general funds.

March 15 is the day that school districts are Continue reading