LOS ANGELES -- Finance officials for San Bernardino, the southern California city going through bankruptcy proceedings, plan to present a balanced budget covering the next two fiscal years at the city’s April 15 council meeting.

The proposed budget includes plans to resume payments to the California Public Employees’ Retirement System in July, though the city will continue to defer previous missed payments to the pension fund, according to Michael Busch, president of Urban Futures, the firm hired by the city to provide finance services.

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