More Chicago Public Schools layoffs on the way By Chris Lentino 08/09/2017 Chicago Public Schools’ teacher and staff layoff announcement comes as the district pushes for more state money despite Chicago’s millions in TIF funds. TAGS: Chicago, CPS: Chicago Public Schools, education, Rahm Emanuel
How TIFs and PTELL warp fairness in school funding By Ted Dabrowski, John Klingner 08/08/2017 Lawmakers concerned with fairness within Illinois’ education system should eliminate discriminatory subsidies. TAGS: education, PTELL: Property Tax Extension Limitation Law, Senate Bill 1, TIF: Tax Increment Financing
Chicago Public Schools’ latest $500 million borrowing: More evidence it doesn’t deserve a bailout By Ted Dabrowski, John Klingner, Evelyn Hussey 08/02/2017 Senate Bill 1 would force Illinois taxpayers to pick up the tab for CPS’ mismanagement of its finances. TAGS: CPS: Chicago Public Schools, education, Senate Bill 1
Rauner issues amendatory veto of school finance bill By Ted Dabrowski, John Klingner 08/01/2017 Gov. Bruce Rauner’s amendatory veto strips a Chicago bailout from Senate Bill 1, among other changes. TAGS: Bruce Rauner, CPS: Chicago Public Schools, education, Senate Bill 1, veto
Chicago Public Schools to pay $850 million in interest on $500 million loan By Robert Brutvan 08/01/2017 The loan will not be paid off until current kindergarteners are in their mid-30s. TAGS: CPS: Chicago Public Schools, education, pensions
Chicago Public Schools bailout threatens 20 Metro East schools from opening on time By Eric Kohn 07/28/2017 Twenty school districts in the Metro East rely on the state for 30 percent or more of their total revenue. TAGS: budget, CPS: Chicago Public Schools, education, Senate Bill 1
Chicago bailout puts downstate and suburban students at risk of missing school By Ted Dabrowski, John Klingner 07/27/2017 In trying to force a Chicago bailout, proponents of Senate Bill 1 are throwing hundreds of thousands of downstate and suburban students into limbo. TAGS: budget, CPS: Chicago Public Schools, education
Illinois colleges receive credit rating upgrade, but structural problems remain By Robert Brutvan 07/26/2017 Many reforms are still needed in Illinois higher education system despite credit rating affirmations and upgrades to seven Illinois universities. TAGS: budget, credit rating, education, higher education
With district spending up, CPS schools still face cuts amid shrinking enrollment By Robert Brutvan 07/26/2017 CPS’ 2017-18 budget shows cuts for many schools as student populations shrink, despite an increase in per-pupil spending for the district as a whole. TAGS: budget, CPS: Chicago Public Schools, education, Senate Bill 1
New education funding plan repeats Chicago Public Schools bailout history By Ted Dabrowski, John Klingner 07/25/2017 Senate Bill 1 is yet another unfair bailout of long-term mismanagement within Chicago Public Schools. TAGS: budget, Chicago, CPS: Chicago Public Schools, education, pensions, Senate Bill 1