Money talks

San Bernardino's budget hearings are scheduled to resume this afternoon.

The city faces a $4.8 million deficit and the possibility of Sacramento borrowing about $3 million to cover its own, uh, budget.

City Manager Charles McNeely has proposed about $2.4 million in budget deficits and the borrowing of $5.4 million from the San Bernardino Economic Development Agency. The EDA has a separate budget, and this reporter expects that today's discussions will include an examination on how the borrowing plan would affect the EDA's projects and finances.

The meeting is set to begin at 4 p.m. in the EDA boardroom in the EDA's building at 201 North E Street.