The district’s borrowing does take pressure off of the district’s immediate cash-flow problem. However, it does nothing to solve the CPS’ long-term financial crisis and its structural imbalances – in fact it only makes things worse.

It’s time to end Illinois’ practice of mandating spending and curriculum requirements – and give control back to local school districts.

School districts in 14 Illinois counties are pushing for countywide increases in sales tax rates. These counties are utilizing the 2007 Illinois County School Facility Tax Act, or ICSFTA, which allows school boards representing 51 percent of a county’s population to put a referendum on the ballot for a countywide sales tax increase to fund...