CHICAGO (WLS) -- A battle is brewing over whether Chicago Public Schools or the city responsible for a $175 million pension payment. Passage of a CPS budget is likely to hinge on how school board ...
Chicago Public Schools will receive $193 million more from the city’s TIF surplus, though most of the funds will not reach classrooms.
Below are the Chicago Public Schools appointees of Mayor Brandon Johnson who (so far) have rejected his demand that the district take on hundreds of millions more in high-cost debt to cover a pension ...
The Chicago Board of Education delivered a blow to Mayor Brandon Johnson on Thursday by approving a budget that does not guarantee the school district will make a controversial municipal pension ...
Sign up for Chalkbeat Chicago’s free daily newsletter to keep up with the latest news on Chicago Public Schools. The Chicago school board will hold a special ...
The Chicago Board of Education will be asked Thursday to approve a contract to reimburse the city for a long-disputed $175 million pension payment for non-teaching school employees — but only if the ...
CHICAGO — Chicago Public Schools interim chief Macquline King is resisting pressure from Mayor Brandon Johnson to make a controversial pension payment and borrow millions of dollars to settle the ...
This month marks yet another turning point in the checkered financial history of Chicago Public Schools. With a projected $734 million deficit, as estimated by the interim CEO, the Board of Education ...
I am a 61-year-old public school teacher contemplating retirement next summer. My wife and I have $1.3 million in investments, along with a paid-off apartment which costs us about $1,200 a month, ...
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Chicago Public Schools leaders on Wednesday unveiled their plan to overcome a $734 million budget shortfall for the upcoming school year. The district's $10.25 billion spending plan calls for cutting ...
Monday marked the first day of school for around 300,000 Chicago Public Schools students, but budget issues are a big focus for administrators. The school district is facing a huge deficit, and on ...