News: Conneaut Lake Park falls further into debt

Posted at 8:50 PM EST (0150 GMT)

Nov. 1st, 2006 -- Following a 2006 season which nearly failed to begin, legal filings in Crawford County, Pennsylvania, show that Conneaut Lake Park has lost $225,000 this year.

The park, which averted its demise last spring when last-minute financing was granted to help it reopen for the summer season, now owes more than $2 million in combined debt. Included in the total is more than $37,000 in unpaid property taxes, and the park reported $137,000 was spent on emergency repairs in 2006.

Park overseer LeRoy Stearns, appointed by local courts in 2005, blames the losses partially on weather. Stearns is optimistic that the year-end figures may be better, as income from September 16 through the end of the year was not included in the filing.

For more information about this story please visit the Meadville Tribune.

Posted by Katie.