Chicago’s idea for ending ‘unsustainable financial practices’? Billion-dollar borrowing

By Ted Dabrowski

06/15/2015

The city’s long-term borrowing is akin to a Chicagoan taking on a mortgage to pay down credit-card bills she will never be able to pay off anyway.

TAGS: Chicago

5 things you need to know about Chicago’s credit downgrades

By Austin Berg

05/19/2015

Talk of the next Detroit rings truer now than ever before.

Corruption Watch: April 2015

By Shawn Tonge

05/08/2015

April saw two major players in Illinois education ensnared in charges of cronyism, among more than 60 other corruption-related stories.

TAGS: good government

CTU executives call employee pension contributions ‘insulting’

By Benjamin VanMetre

05/06/2015

Chicago Teachers Union executives say their members shouldn’t have to contribute more money to their retirements because of a contract negotiation nearly 35 years ago.

TAGS: CTU: Chicago Teachers Union, pensions

Potential tax hike for Illinoisans is staggering

05/05/2015

A new report claims Chicagoans would face property-tax hikes nearing 50 percent to adequately fund city pensions.

The Chicago penalty

04/23/2015

Chicago paid a premium on its recent bond offerings. Why? Default risk.

TAGS: bonds, Chicago, Chicago Board of Education, CPS: Chicago Public Schools

Yield on Chicago Public Schools bond offering hits 5.63%, bankruptcy the sensible option

04/23/2015

Where is the school district going to get $1.1 billion? The state? Think again.

TAGS: bankruptcy, CPS: Chicago Public Schools

Bond experts’ top 5 concerns are bad news for Illinois taxpayers

By Benjamin VanMetre

04/16/2015

As long as the state mandates pension rules and regulations for local governments, unfunded pension liabilities will continue to pressure local budgets.

TAGS: bonds, pensions

Corruption watch: March 2015

By Shawn Tonge

04/08/2015

April showers bring May flowers, but all March gave us was 53 new corruption stories in Illinois.

TAGS: good government

Chicago’s pitch to pay down $32B in unfunded pension debt: A casino, state money for CPS and a pass on pension payments

By Benjamin VanMetre

03/19/2015

None of these proposals would even begin to address the Chicago’s pension crisis. The city needs reform, not revenue.

TAGS: Chicago, debt, pensions

Chicago Public Schools

Chicago’s idea for ending ‘unsustainable financial practices’? Billion-dollar borrowing

5 things you need to know about Chicago’s credit downgrades

Corruption Watch: April 2015

CTU executives call employee pension contributions ‘insulting’

Potential tax hike for Illinoisans is staggering

The Chicago penalty

Yield on Chicago Public Schools bond offering hits 5.63%, bankruptcy the sensible option

Bond experts’ top 5 concerns are bad news for Illinois taxpayers

Corruption watch: March 2015

Chicago’s pitch to pay down $32B in unfunded pension debt: A casino, state money for CPS and a pass on pension payments

FAQ: How the federal scholarship program would help Illinois students

Report Archive

Diana Graham

Process for unionizing non-state workers raises red flags

CBS Chicago: Illinois’ highest-paid superintendent receives $400K per year to oversee 1,200 students