Ryan Hagen, Staff Writer
Posted: 02/11/2013 07:46:23 PM PST
San Bernardino and its creditors will meet in court again today, with agreement on the topic of the day – the scheduling of another hearing – but backed by sharply disagreeing legal filings.
The California Public Employee Retirement System argues that the departure of San Bernardino budget officials and the continued understaffing of the finance department have prevented the city from giving CalPERS necessary documents.
“The city’s failure to devote adequate resources to its finance department and to its bankruptcy case calls into question its good faith and desire to effect a plan of adjustment,” CalPERS’ attorneys write.
They point specifically to the City Council’s Jan. 10 decision to give only about half of the $660,000 requested by Finance Director Jason Simpson for financial consultants, despite a December staffing level of only 12 people – less than half what comparable cities have when not going through bankruptcy.
Of eight high-priority items identified by CalPERS, four have not been produced and two have been only partially produced, attorneys Michael Gearin, Michael Lubic and Brett Bissett said in a status report filed Friday.
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