Chicago Public Schools to pay $850 million in interest on $500 million loan
Chicago Public Schools to pay $850 million in interest on $500 million loan
The loan will not be paid off until current kindergarteners are in their mid-30s.
The loan will not be paid off until current kindergarteners are in their mid-30s.
Senate Bill 1 provides a $215 million annual pension bailout and other carve-outs worth hundreds of millions of dollars more to CPS.
Chicago’s North Lawndale neighborhood will host a program that brings defendants in contact with their victims and allow the victims to set the compensation for the crime.
The number of Cook County municipalities that have opted out of both ordinances has climbed to 107.
Illinois parents will pay the Midwest’s highest sales taxes on back-to-school shopping.
Twenty school districts in the Metro East rely on the state for 30 percent or more of their total revenue.
Chicago Mayor Rahm Emanuel has emphatically denied the Cubs’ request for more night games at Wrigley Field – continuing the decades-old hostile relationship between the team and city government.
Illinois’ jobs growth over the past year was 40 percent slower than the national average, and lagged even further behind the average of neighboring states.
The tax makes soda sold in Chicago among the most expensive in the country.
High-priced government workers cost taxpayers in Illinois $10 billion a year, with municipal managers in areas surrounding Chicago reaping the most benefits.
In trying to force a Chicago bailout, proponents of Senate Bill 1 are throwing hundreds of thousands of downstate and suburban students into limbo.
HB 643 will prevent the $50,000 daily cost of special sessions from rising even higher in fiscal year 2018.