IPS terminates chief financial officer


Indianapolis Public School terminated the district's chief financial officer Tuesday night.

An IPS spokesperson tells Eyewitness News Debra Hineline was terminated due to "unsatisfactory performance." The move comes just a week after IPS announced a major reversal in what it thought was a huge financial problem.

For years, the district thought it was running a $30 million deficit. But a review by new superintendent, Dr. Lewis Ferebee, found an $8 million surplus.