Every day that Chicago Public Schools goes without much-delayed property tax revenue, the school district is paying $220,000 in interest on short-term loans it took out to make payroll — that’s the ...
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Chicago Public School officials and union officials came together Tuesday to lay out options for solving CPS budget crisis for City Council members, including refinancing existing debt and cutting ...
Mayor Brandon Johnson’s new budget proposal recommends the city declare a historic surplus of funds from special taxing districts’ funds, shoring up the finances of Chicago Public Schools for the ...
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