Griffith Public Schools

Gary Schools' Operating Deficit Cut In Half, Says Emergency Manager

Aug 15, 2019

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.”

Herbert Reynolds/Provided

On this edition of the podcast you'll hear the latest on school layoffs in Griffith, a multi-million dollar cleanup is underway on the Lake George Canal, Sharon Jackson has details on an upcoming renaming ceremony at Indiana Dunes National Park,  Attorney General Curtis Hill has filed a lawsuit against the owners of Purdue Pharma, Jill Sheridan and Carter Barret report on student mental health, and Chris Nolte has a conversation Chris Nolte with a conversation with Scott Pelath on the Kanakee River Basin Commission. All of that, and more, on this edition of “Lakeshore Update”…