San Bernardino City Hall

San Bernardino City Hall. (File photo)

By Ryan Hagen, The Sun
Posted: 06/19/16 – 10:25 PM PDT |

SAN BERNARDINO >> The bankrupt city spent less money and brought in more than it had expected in the fiscal year that ends June 30, according to budget documents the City Council will review Monday.

The council will be asked to move another $2 million into the fund that pays for bankruptcy-related services, but that will be more than covered by the unexpectedly large surplus in the tight budget.

The City Council will also receive a proposed budget for the fiscal year that starts July 1 on Monday, with staff recommending discussion on the 2016-17 budget be continued to June 27.

The 2015-16 budget was passed this time last year with an anticipated surplus of only $18,608 — a surplus that depends on bankruptcy protections against creditors taking all of what they would otherwise be owed — but that’s projected to improve to $12 million when the year ends in two weeks.

“On the expenditure side of the ledger, City departments have continued material budgetary savings, primarily associated with large numbers of vacancies,” according to a memo from Veronica Martinez, who works in the city’s Finance Department.

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