From the Elkhart Truth:
Business manager Janet Gruwell presented the circuit breaker report to the board. She said the difference between 2011 to 2012 was greater than they anticipated. In 2012 alone, they lost $2,732,335.78 from tax caps. Concord has the second highest loss in the county, behind Elkhart schools.
http://www.etruth.com/article/20120508/NEWS01/705089899/0/FRONTPAGE