Gary Community School Corporation's operating deficit is now $11 million, half what it once was, a financial consultant told state officials Thursday.
Eric Parish, MGT Consulting Group executive vice president, said a deficit reduction plan is on track to wipe out the annual debt in 2020 if multiple initiatives pan out.
“But we've come a long way,” Parish said. “And I think we can continue to meet those challenges -- and that's the goal. Everyone wants that sustainability because that is one of the triggers for the takeover to end.”