{"id":19440,"date":"2011-07-20T13:04:00","date_gmt":"2011-07-20T17:04:00","guid":{"rendered":"https:\/\/www.aroundfortwayne.com\/news\/?p=19440"},"modified":"2011-07-20T13:04:00","modified_gmt":"2011-07-20T17:04:00","slug":"under-mayor-henry-city-on-track-to-cut-nearly-as-much-debt-as-paula-hughes","status":"publish","type":"post","link":"https:\/\/aroundfortwayne.com\/news\/2011\/07\/20\/under-mayor-henry-city-on-track-to-cut-nearly-as-much-debt-as-paula-hughes\/","title":{"rendered":"Under Mayor Henry, City on track to cut nearly as much debt as Paula Hughes"},"content":{"rendered":"<p style=\"text-align: center\"><img decoding=\"async\" src=\"https:\/\/www.aroundfortwayne.com\/news\/wp-content\/uploads\/icons\/tHenry4Mayor_logo.jpg\" alt=\"Tom Henry for Mayor campaign logo.\" \/><\/p>\n<p>News release from the Henry for Mayor campaign:<\/p>\n<blockquote><p><strong>Under Mayor Henry, City on track to cut nearly as much debt as Paula Hughes<\/strong><br \/>\n<em>Hughes plan: raid the Light Lease fund, pay down less debt than Mayor Henry<\/em><\/p>\n<p><!--more--><\/p>\n<p>Paula Hughes has repeatedly stated that, under her plan, the city of Fort Wayne would pay off 24 percent of the debt. Hughes stated that paying off this amount of debt &#8220;won&#8217;t be easy, but it&#8217;s very achievable.&#8221; In fact, it has already been achieved.<\/p>\n<p>&#8220;Mayor Henry has put the city on track to cut nearly twice as much debt as Paula Hughes would,&#8221; said Henry&#8217;s campaign manager Justin Schall. &#8220;And he did it by doing more with less and holding spending flat &#8212; not by raiding the Light Lease fund and sacrificing the city&#8217;s legacy. Her misguided plan shows she doesn&#8217;t understand basic financial concepts &#8212; Mayor Henry has put our city on the path to pay down over 40 percent of the debt by 2015, while keeping our finances strong and continuing to deliver quality services to residents.&#8221;<\/p>\n<p>What Hughes doesn&#8217;t understand is that under Mayor Henry&#8217;s leadership, the City of Fort Wayne is on track to pay down $73.77 million &#8211; or 41 percent of the debt, by 2015. In other words, Mayor Henry will pay down nearly double the amount of debt as Paula Hughes. Even worse, Hughes would pay down the debt by sacrificing the Light Lease fund &#8212; not devoting any of the fund towards job creation and economic development. Mayor Henry has put the city on track to pay down $73.77 million of the city&#8217;s debt, while preserving the Light Lease fund for Fort Wayne&#8217;s future.<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/www.aroundfortwayne.com\/news\/wp-content\/uploads\/2011\/07\/City_Spending_graph_web.jpg\" alt=\"\" \/><\/p>\n<p>For months Paula Hughes has been misrepresenting the city&#8217;s debt situation which has led to her massively overstate city obligations.  Now, her most recent release confuses state debt for city debt.  If we can&#8217;t trust Paula Hughes to understand and be honest about city finances, how could we ever trust her with Fort Wayne&#8217;s future?<\/p>\n<p>With her most recent release Paula Hughes is misrepresenting city debt in three ways:<\/p>\n<p>1. Utility Debt- Hughes takes more than $200 million in debt explicitly secured solely by the net revenues of ratepayers and falsely claims it as city debt.<\/p>\n<p>2. State Pension Obligations- In 2009 the 1925 police pension fund and the 1937 firefighters&#8217; pension fund legally became the state&#8217;s responsibility.  Hughes now claims this $88.8 million liability as the city&#8217;s.<\/p>\n<p>3. Accounting Rules as Debt- Compensated absences and  other post-employment liabilities are not bonded debt.  They are accounting placeholders.  Hughes still adds them to her total.<\/p>\n<p>The result is Hughes takes a debt of $176.5 million that is going down and instead claims it&#8217;s &#8220;over half a billion dollars&#8230;&#8221; and going up.<\/p>\n<p>The reality is clear.  The 2010 CAFR shows that &#8220;the city owed lenders&#8230;$13.2 million less than 2009.&#8221;  Going forward, by the end of 2015 the city is on track to reduce debt by an additional $73.7 million, or more than 41%.<\/p>\n<p>City Debt End of 2010 &#8211; $176,560,198<br \/>\nEnd of 2015 &#8211; $102,795,000<br \/>\nDifference &#8211; $73,765,198 Percentage &#8211; 41.78%<\/p>\n<p><span class=\"removed_link\" title=\"https:\/\/www.aroundfortwayne.com\/docs\/7-20-2011_Hughes_Misstatements_on_Debt.pdf\">Attached document for more information about Hughes Misstatements on Debt and detailed documentation<\/span>.<\/p><\/blockquote>\n<p>&nbsp;<\/p>\n<h3>Related Images:<\/h3><div class=\"ngg-related-gallery\">\n\t\t\t<a href=\"https:\/\/aroundfortwayne.com\/news\/wp-content\/gallery\/cityoffw\/71709.jpg\"\n\t\t\ttitle=\"Mayor Tom Henry announces call for referendum vote on the gaming issue during a press conference on February 27, 2009.\"\n\t\t\tclass='thickbox' rel='362ab5d95c4610266ffbbaec8ce96983' data-image-id=\"199\" data-src=\"https:\/\/aroundfortwayne.com\/news\/wp-content\/gallery\/cityoffw\/71709.jpg\" data-thumbnail=\"https:\/\/aroundfortwayne.com\/news\/wp-content\/gallery\/cityoffw\/thumbs\/thumbs_71709.jpg\" data-title=\"2009\/02\/27: Fort Wayne Mayor Tom Henry\" data-description=\"Mayor Tom Henry announces call for referendum vote on the gaming issue during a press conference on February 27, 2009.\">\n\t\t\t<img title=\"2009\/02\/27: Fort Wayne Mayor Tom Henry\"\n\t\t\t\talt=\"2009\/02\/27: Fort Wayne Mayor Tom Henry\"\n\t\t\t\tdata-image-id=\"199\"\n\t\t\t\tsrc=\"https:\/\/aroundfortwayne.com\/news\/wp-content\/gallery\/cityoffw\/thumbs\/thumbs_71709.jpg\"\/>\n\t\t<\/a>\n\t\t\t<a href=\"https:\/\/aroundfortwayne.com\/news\/wp-content\/gallery\/cityoffw\/71710.jpg\"\n\t\t\ttitle=\"Mayor Tom Henry shakes hands with Allen County Councilman Paul Moss after the press conference announcing his decision to seek a referendum vote on the gaming issue.  Photo taken February 27, 2009.\"\n\t\t\tclass='thickbox' rel='362ab5d95c4610266ffbbaec8ce96983' data-image-id=\"200\" data-src=\"https:\/\/aroundfortwayne.com\/news\/wp-content\/gallery\/cityoffw\/71710.jpg\" data-thumbnail=\"https:\/\/aroundfortwayne.com\/news\/wp-content\/gallery\/cityoffw\/thumbs\/thumbs_71710.jpg\" data-title=\"2009\/02\/27: Mayor Tom Henry shakes hands with Allen County Councilman Paul Moss\" data-description=\"Mayor Tom Henry shakes hands with Allen County Councilman Paul Moss after the press conference announcing his decision to seek a referendum vote on the gaming issue.  Photo taken February 27, 2009.\">\n\t\t\t<img title=\"2009\/02\/27: Mayor Tom Henry shakes hands with Allen County Councilman Paul Moss\"\n\t\t\t\talt=\"2009\/02\/27: Mayor Tom Henry shakes hands with Allen County Councilman Paul Moss\"\n\t\t\t\tdata-image-id=\"200\"\n\t\t\t\tsrc=\"https:\/\/aroundfortwayne.com\/news\/wp-content\/gallery\/cityoffw\/thumbs\/thumbs_71710.jpg\"\/>\n\t\t<\/a>\n\t\t\t<a href=\"https:\/\/aroundfortwayne.com\/news\/wp-content\/gallery\/cityoffw\/71714.jpg\"\n\t\t\ttitle=\"City Councilman Tim Pape makes a brief comment during the Mayor&#039;s press conference calling for referendum vote on the gaming issue.  Photo taken February 27, 2009.\"\n\t\t\tclass='thickbox' rel='362ab5d95c4610266ffbbaec8ce96983' data-image-id=\"202\" data-src=\"https:\/\/aroundfortwayne.com\/news\/wp-content\/gallery\/cityoffw\/71714.jpg\" data-thumbnail=\"https:\/\/aroundfortwayne.com\/news\/wp-content\/gallery\/cityoffw\/thumbs\/thumbs_71714.jpg\" data-title=\"2009\/02\/27: Fort Wayne City Councilman Tim Pape\" data-description=\"City Councilman Tim Pape makes a brief comment during the Mayor&#039;s press conference calling for referendum vote on the gaming issue.  Photo taken February 27, 2009.\">\n\t\t\t<img title=\"2009\/02\/27: Fort Wayne City Councilman Tim Pape\"\n\t\t\t\talt=\"2009\/02\/27: Fort Wayne City Councilman Tim Pape\"\n\t\t\t\tdata-image-id=\"202\"\n\t\t\t\tsrc=\"https:\/\/aroundfortwayne.com\/news\/wp-content\/gallery\/cityoffw\/thumbs\/thumbs_71714.jpg\"\/>\n\t\t<\/a>\n\t\t\t<a href=\"https:\/\/aroundfortwayne.com\/news\/wp-content\/gallery\/cityoffw\/71717.jpg\"\n\t\t\ttitle=\"Former City Councilman Dr. John Crawford and son Grant attended the press conference in which Mayor Henry called for a referendum vote on the gaming issue. Photo taken February 27, 2009.\"\n\t\t\tclass='thickbox' rel='362ab5d95c4610266ffbbaec8ce96983' data-image-id=\"204\" data-src=\"https:\/\/aroundfortwayne.com\/news\/wp-content\/gallery\/cityoffw\/71717.jpg\" data-thumbnail=\"https:\/\/aroundfortwayne.com\/news\/wp-content\/gallery\/cityoffw\/thumbs\/thumbs_71717.jpg\" data-title=\"2009\/02\/27: Dr. John Crawford and son Grant\" data-description=\"Former City Councilman Dr. John Crawford and son Grant attended the press conference in which Mayor Henry called for a referendum vote on the gaming issue. Photo taken February 27, 2009.\">\n\t\t\t<img title=\"2009\/02\/27: Dr. John Crawford and son Grant\"\n\t\t\t\talt=\"2009\/02\/27: Dr. John Crawford and son Grant\"\n\t\t\t\tdata-image-id=\"204\"\n\t\t\t\tsrc=\"https:\/\/aroundfortwayne.com\/news\/wp-content\/gallery\/cityoffw\/thumbs\/thumbs_71717.jpg\"\/>\n\t\t<\/a>\n\t\t\t<a href=\"https:\/\/aroundfortwayne.com\/news\/wp-content\/gallery\/cityoffw\/85078.jpg\"\n\t\t\ttitle=\"Mayor Tom Henry addresses the press about the City&#039;s hiring of lobbyists to promote a referendum vote on gaming. Deputy Mayor Greg Purcell is in the background. Photo taken May 1, 2009.\"\n\t\t\tclass='thickbox' rel='362ab5d95c4610266ffbbaec8ce96983' data-image-id=\"1693\" data-src=\"https:\/\/aroundfortwayne.com\/news\/wp-content\/gallery\/cityoffw\/85078.jpg\" data-thumbnail=\"https:\/\/aroundfortwayne.com\/news\/wp-content\/gallery\/cityoffw\/thumbs\/thumbs_85078.jpg\" data-title=\"2009\/05\/01: Mayor Tom Henry\" data-description=\"Mayor Tom Henry addresses the press about the City&#039;s hiring of lobbyists to promote a referendum vote on gaming. Deputy Mayor Greg Purcell is in the background. Photo taken May 1, 2009.\">\n\t\t\t<img title=\"2009\/05\/01: Mayor Tom Henry\"\n\t\t\t\talt=\"2009\/05\/01: Mayor Tom Henry\"\n\t\t\t\tdata-image-id=\"1693\"\n\t\t\t\tsrc=\"https:\/\/aroundfortwayne.com\/news\/wp-content\/gallery\/cityoffw\/thumbs\/thumbs_85078.jpg\"\/>\n\t\t<\/a>\n\t\t\t<a href=\"https:\/\/aroundfortwayne.com\/news\/wp-content\/gallery\/cityoffw\/85080.jpg\"\n\t\t\ttitle=\"Mayor Tom Henry addresses the press about the City&#039;s hiring of lobbyists to promote a referendum vote on gaming.  Deputy Mayor Greg Purcell is on the left and City Corporate Counsel Tim Haffner is on the right.  Photo taken May 1, 2009.\"\n\t\t\tclass='thickbox' rel='362ab5d95c4610266ffbbaec8ce96983' data-image-id=\"1694\" data-src=\"https:\/\/aroundfortwayne.com\/news\/wp-content\/gallery\/cityoffw\/85080.jpg\" data-thumbnail=\"https:\/\/aroundfortwayne.com\/news\/wp-content\/gallery\/cityoffw\/thumbs\/thumbs_85080.jpg\" data-title=\"2009\/05\/01: Mayor Tom Henry\" data-description=\"Mayor Tom Henry addresses the press about the City&#039;s hiring of lobbyists to promote a referendum vote on gaming.  Deputy Mayor Greg Purcell is on the left and City Corporate Counsel Tim Haffner is on the right.  Photo taken May 1, 2009.\">\n\t\t\t<img title=\"2009\/05\/01: Mayor Tom Henry\"\n\t\t\t\talt=\"2009\/05\/01: Mayor Tom Henry\"\n\t\t\t\tdata-image-id=\"1694\"\n\t\t\t\tsrc=\"https:\/\/aroundfortwayne.com\/news\/wp-content\/gallery\/cityoffw\/thumbs\/thumbs_85080.jpg\"\/>\n\t\t<\/a>\n\t\t\t<a href=\"https:\/\/aroundfortwayne.com\/news\/wp-content\/gallery\/cityoffw\/85088.jpg\"\n\t\t\ttitle=\"Mayor Tom Henry addresses the press about the City&#039;s hiring of lobbyists to promote a referendum vote on gaming.  Deputy Mayor Greg Purcell is in the background.  Photo taken May 1, 2009.\"\n\t\t\tclass='thickbox' rel='362ab5d95c4610266ffbbaec8ce96983' data-image-id=\"1695\" data-src=\"https:\/\/aroundfortwayne.com\/news\/wp-content\/gallery\/cityoffw\/85088.jpg\" data-thumbnail=\"https:\/\/aroundfortwayne.com\/news\/wp-content\/gallery\/cityoffw\/thumbs\/thumbs_85088.jpg\" data-title=\"2009\/05\/01: Mayor Tom Henry\" data-description=\"Mayor Tom Henry addresses the press about the City&#039;s hiring of lobbyists to promote a referendum vote on gaming.  Deputy Mayor Greg Purcell is in the background.  Photo taken May 1, 2009.\">\n\t\t\t<img title=\"2009\/05\/01: Mayor Tom Henry\"\n\t\t\t\talt=\"2009\/05\/01: Mayor Tom Henry\"\n\t\t\t\tdata-image-id=\"1695\"\n\t\t\t\tsrc=\"https:\/\/aroundfortwayne.com\/news\/wp-content\/gallery\/cityoffw\/thumbs\/thumbs_85088.jpg\"\/>\n\t\t<\/a>\n\t\t\t<a href=\"https:\/\/aroundfortwayne.com\/news\/wp-content\/gallery\/cityoffw\/85094.jpg\"\n\t\t\ttitle=\"City Corporate Counsel Tim Haffner answers a question from the press.  Photo taken May 1, 2009.\"\n\t\t\tclass='thickbox' rel='362ab5d95c4610266ffbbaec8ce96983' data-image-id=\"1697\" data-src=\"https:\/\/aroundfortwayne.com\/news\/wp-content\/gallery\/cityoffw\/85094.jpg\" data-thumbnail=\"https:\/\/aroundfortwayne.com\/news\/wp-content\/gallery\/cityoffw\/thumbs\/thumbs_85094.jpg\" data-title=\"2009\/05\/01: City Corporate Counsel Tim Haffner\" data-description=\"City Corporate Counsel Tim Haffner answers a question from the press.  Photo taken May 1, 2009.\">\n\t\t\t<img title=\"2009\/05\/01: City Corporate Counsel Tim Haffner\"\n\t\t\t\talt=\"2009\/05\/01: City Corporate Counsel Tim Haffner\"\n\t\t\t\tdata-image-id=\"1697\"\n\t\t\t\tsrc=\"https:\/\/aroundfortwayne.com\/news\/wp-content\/gallery\/cityoffw\/thumbs\/thumbs_85094.jpg\"\/>\n\t\t<\/a>\n\t\t\t<a href=\"https:\/\/aroundfortwayne.com\/news\/wp-content\/gallery\/blog-headers\/2009_05_11_header.jpg\"\n\t\t\ttitle=\"The Komets celebrated their back to back Turner Cup Championship downtown.\"\n\t\t\tclass='thickbox' rel='362ab5d95c4610266ffbbaec8ce96983' data-image-id=\"1812\" data-src=\"https:\/\/aroundfortwayne.com\/news\/wp-content\/gallery\/blog-headers\/2009_05_11_header.jpg\" data-thumbnail=\"https:\/\/aroundfortwayne.com\/news\/wp-content\/gallery\/blog-headers\/thumbs\/thumbs_2009_05_11_header.jpg\" data-title=\"2009\/05\/12 - Komets celebration\" data-description=\"The Komets celebrated their back to back Turner Cup Championship downtown.\">\n\t\t\t<img title=\"2009\/05\/12 - Komets celebration\"\n\t\t\t\talt=\"2009\/05\/12 - Komets celebration\"\n\t\t\t\tdata-image-id=\"1812\"\n\t\t\t\tsrc=\"https:\/\/aroundfortwayne.com\/news\/wp-content\/gallery\/blog-headers\/thumbs\/thumbs_2009_05_11_header.jpg\"\/>\n\t\t<\/a>\n\t\t\t<a href=\"https:\/\/aroundfortwayne.com\/news\/wp-content\/gallery\/cityoffw\/92352.jpg\"\n\t\t\ttitle=\"Mayor Tom Henry announces the City won&#039;t renew the Light Lease with Indiana Michigan Power. Photo taken June 1, 2009.\"\n\t\t\tclass='thickbox' rel='362ab5d95c4610266ffbbaec8ce96983' data-image-id=\"2011\" data-src=\"https:\/\/aroundfortwayne.com\/news\/wp-content\/gallery\/cityoffw\/92352.jpg\" data-thumbnail=\"https:\/\/aroundfortwayne.com\/news\/wp-content\/gallery\/cityoffw\/thumbs\/thumbs_92352.jpg\" data-title=\"2009\/06\/02: Mayor Tom Henry\" data-description=\"Mayor Tom Henry announces the City won&#039;t renew the Light Lease with Indiana Michigan Power. Photo taken June 1, 2009.\">\n\t\t\t<img title=\"2009\/06\/02: Mayor Tom Henry\"\n\t\t\t\talt=\"2009\/06\/02: Mayor Tom Henry\"\n\t\t\t\tdata-image-id=\"2011\"\n\t\t\t\tsrc=\"https:\/\/aroundfortwayne.com\/news\/wp-content\/gallery\/cityoffw\/thumbs\/thumbs_92352.jpg\"\/>\n\t\t<\/a>\n\t\t\t<a href=\"https:\/\/aroundfortwayne.com\/news\/wp-content\/gallery\/cityoffw\/92359.jpg\"\n\t\t\ttitle=\"City Utilities Director Kumar Menon answers questions from the press during the Light Lease press conference on June 1, 2009.\"\n\t\t\tclass='thickbox' rel='362ab5d95c4610266ffbbaec8ce96983' data-image-id=\"2013\" data-src=\"https:\/\/aroundfortwayne.com\/news\/wp-content\/gallery\/cityoffw\/92359.jpg\" data-thumbnail=\"https:\/\/aroundfortwayne.com\/news\/wp-content\/gallery\/cityoffw\/thumbs\/thumbs_92359.jpg\" data-title=\"2009\/06\/02: Kumar Menon\" data-description=\"City Utilities Director Kumar Menon answers questions from the press during the Light Lease press conference on June 1, 2009.\">\n\t\t\t<img title=\"2009\/06\/02: Kumar Menon\"\n\t\t\t\talt=\"2009\/06\/02: Kumar Menon\"\n\t\t\t\tdata-image-id=\"2013\"\n\t\t\t\tsrc=\"https:\/\/aroundfortwayne.com\/news\/wp-content\/gallery\/cityoffw\/thumbs\/thumbs_92359.jpg\"\/>\n\t\t<\/a>\n\t\t\t<a href=\"https:\/\/aroundfortwayne.com\/news\/wp-content\/gallery\/cityoffw\/92360.jpg\"\n\t\t\ttitle=\"City Utilities Director Kumar Menon answers questions from the press during the Light Lease press conference on June 1, 2009.\"\n\t\t\tclass='thickbox' rel='362ab5d95c4610266ffbbaec8ce96983' data-image-id=\"2014\" data-src=\"https:\/\/aroundfortwayne.com\/news\/wp-content\/gallery\/cityoffw\/92360.jpg\" data-thumbnail=\"https:\/\/aroundfortwayne.com\/news\/wp-content\/gallery\/cityoffw\/thumbs\/thumbs_92360.jpg\" data-title=\"2009\/06\/02: Kumar Menon\" data-description=\"City Utilities Director Kumar Menon answers questions from the press during the Light Lease press conference on June 1, 2009.\">\n\t\t\t<img title=\"2009\/06\/02: Kumar Menon\"\n\t\t\t\talt=\"2009\/06\/02: Kumar Menon\"\n\t\t\t\tdata-image-id=\"2014\"\n\t\t\t\tsrc=\"https:\/\/aroundfortwayne.com\/news\/wp-content\/gallery\/cityoffw\/thumbs\/thumbs_92360.jpg\"\/>\n\t\t<\/a>\n\t\t\t<a href=\"https:\/\/aroundfortwayne.com\/news\/wp-content\/gallery\/cityoffw\/92363.jpg\"\n\t\t\ttitle=\"City Corporate Counsel Tim Haffner answers questions from the press during the Light Lease press conference on June 1, 2009.\"\n\t\t\tclass='thickbox' rel='362ab5d95c4610266ffbbaec8ce96983' data-image-id=\"2016\" data-src=\"https:\/\/aroundfortwayne.com\/news\/wp-content\/gallery\/cityoffw\/92363.jpg\" data-thumbnail=\"https:\/\/aroundfortwayne.com\/news\/wp-content\/gallery\/cityoffw\/thumbs\/thumbs_92363.jpg\" data-title=\"2009\/06\/02: Tim Haffner\" data-description=\"City Corporate Counsel Tim Haffner answers questions from the press during the Light Lease press conference on June 1, 2009.\">\n\t\t\t<img title=\"2009\/06\/02: Tim Haffner\"\n\t\t\t\talt=\"2009\/06\/02: Tim Haffner\"\n\t\t\t\tdata-image-id=\"2016\"\n\t\t\t\tsrc=\"https:\/\/aroundfortwayne.com\/news\/wp-content\/gallery\/cityoffw\/thumbs\/thumbs_92363.jpg\"\/>\n\t\t<\/a>\n\t\t\t<a href=\"https:\/\/aroundfortwayne.com\/news\/wp-content\/gallery\/20090525\/90287.jpg\"\n\t\t\ttitle=\"Mayor Tom Henry in the passenger seat during the 2009 Parnell Avenue Memorial Day Parade on May 25, 2009.\"\n\t\t\tclass='thickbox' rel='362ab5d95c4610266ffbbaec8ce96983' data-image-id=\"2027\" data-src=\"https:\/\/aroundfortwayne.com\/news\/wp-content\/gallery\/20090525\/90287.jpg\" data-thumbnail=\"https:\/\/aroundfortwayne.com\/news\/wp-content\/gallery\/20090525\/thumbs\/thumbs_90287.jpg\" data-title=\"Mayor Tom Henry\" data-description=\"Mayor Tom Henry in the passenger seat during the 2009 Parnell Avenue Memorial Day Parade on May 25, 2009.\">\n\t\t\t<img title=\"Mayor Tom Henry\"\n\t\t\t\talt=\"Mayor Tom Henry\"\n\t\t\t\tdata-image-id=\"2027\"\n\t\t\t\tsrc=\"https:\/\/aroundfortwayne.com\/news\/wp-content\/gallery\/20090525\/thumbs\/thumbs_90287.jpg\"\/>\n\t\t<\/a>\n\t\t\t<a href=\"https:\/\/aroundfortwayne.com\/news\/wp-content\/gallery\/2008-germanfest\/52796.jpg\"\n\t\t\ttitle=\"It&#039;s a swing...\"\n\t\t\tclass='thickbox' rel='362ab5d95c4610266ffbbaec8ce96983' data-image-id=\"2175\" data-src=\"https:\/\/aroundfortwayne.com\/news\/wp-content\/gallery\/2008-germanfest\/52796.jpg\" data-thumbnail=\"https:\/\/aroundfortwayne.com\/news\/wp-content\/gallery\/2008-germanfest\/thumbs\/thumbs_52796.jpg\" data-title=\"2008: It&#039;s a swing...\" data-description=\"It&#039;s a swing...\">\n\t\t\t<img title=\"2008: It&#039;s a swing...\"\n\t\t\t\talt=\"2008: It&#039;s a swing...\"\n\t\t\t\tdata-image-id=\"2175\"\n\t\t\t\tsrc=\"https:\/\/aroundfortwayne.com\/news\/wp-content\/gallery\/2008-germanfest\/thumbs\/thumbs_52796.jpg\"\/>\n\t\t<\/a>\n\t<\/div>","protected":false},"excerpt":{"rendered":"<p>News release from the Henry for Mayor campaign: Under Mayor Henry, City on track to cut nearly as much debt as Paula Hughes Hughes plan: raid the Light Lease fund, pay down less debt than Mayor Henry Related Images:<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"ngg_post_thumbnail":0,"footnotes":""},"categories":[2417],"tags":[3538,384,23,98,25],"class_list":["post-19440","post","type-post","status-publish","format-standard","hentry","category-2011-election-cycle","tag-2011-elections","tag-allen-county-councilwoman-paula-hughes","tag-fort-wayne-indiana","tag-fort-wayne-mayor-tom-henry","tag-indiana"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Under Mayor Henry, City on track to cut nearly as much debt as Paula Hughes - AroundFortWayne<\/title>\n<meta name=\"description\" content=\"News release from the Henry for Mayor campaign: Under Mayor Henry, City on track to cut nearly as much debt as Paula Hughes Hughes plan: raid the Light\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/aroundfortwayne.com\/news\/2011\/07\/20\/under-mayor-henry-city-on-track-to-cut-nearly-as-much-debt-as-paula-hughes\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Under Mayor Henry, City on track to cut nearly as much debt as Paula Hughes - AroundFortWayne\" \/>\n<meta property=\"og:description\" content=\"News release from the Henry for Mayor 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