Upstate New York’s Saratoga Performing Arts Center (SPAC), attempting to dig out from years of questionable management and a wave of awful publicity, has announced that it will eliminate its $3 million debt using funds from its endowment. The organization, which plays host to a popular summer festival featuring the Philadelphia Orchestra and New York City Ballet, also says that it will have a balanced budget for 2005, its first black ink in 15 years. SPAC came under heavy fire for its management practices earlier this year in an independent report that led to the resignation of the center’s chief executive and much of its board.