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Mayor Emanuel faces tough trek toward 'grand bargain' for shoring up CPS

Mayor Rahm Emanuel faces a difficult path in his effort to forge a "grand bargain" to steady Chicago Public Schools finances.

Planned layoffs in Illinois top 2,000 jobs

Janitorial company We Clean Maintenance and Supplies plans to lay off 540 workers next month after losing a job cleaning Chicago Public Schools.

CPS, stop blaming Springfield

Mayor Rahm Emanuel and Chicago Public Schools officials would have you think the financial catastrophe they face can be entirely blamed on a scapegoat named Springfield.

Saving Chicago schools

How daunting is the challenge of keeping Chicago Public Schools operating? Here's how daunting.

CPS set for $200 million in cuts; mayor says classes won't grow

Mayor Rahm Emanuel on Wednesday laid out $200 million in cuts to staff and programs he said Chicago Public Schools needs to make after fulfilling a $634 million payment to the teachers pension fund.

Chicago makes massive teachers pension fund payment, Emanuel warns of cuts

Mayor Rahm Emanuel directed Chicago Public Schools to meet Tuesday's deadline for a $634 million contribution to Chicago's teachers retirement fund but warned making the state-mandated payment would lead the cash-strapped district to make classroom cuts ahead of the new school year.

Chicago Public Schools Make Pension Payment Impacting 1,400 Jobs

SPRINGFIELD, Ill. (AP) -- The interim CEO of Chicago Public Schools said Tuesday 1,400 jobs will be "impacted" after Illinois lawmakers failed to provide relief and the financially struggling district had to borrow money to make a $634 million contribution to its teacher pension funds. Show More Summary

Chicago Public Schools To Layoff 1,400 Under Pension Payment Plan

"CPS could not make the payment and keep cuts away from the classroom, so while school will start on time, our classrooms will be impacted." [ more › ]

Magic Money Appears!

Did Rahm find a money tree? Mayor Rahm Emanuel directed Chicago Public Schools to meet Tuesday's deadline for a $634 million contribution to Chicago's teachers retirement fund but warned making the state-mandated payment would lead the...Show More Summary

Chicago Public Schools make full pension payment by deadline

The Chicago Public Schools (CPS) made its full teachers' pension payment on Tuesday ahead of a midnight deadline, saying the move will require $200 million in spending cuts, according to a school official. Illinois law mandated a $634...Show More Summary

Lead lawmaker's bill would address Chicago school pension shortfall

3 days agoNews : The Newsroom

Illinois Senate President John Cullerton on Tuesday proposed legislation aimed at providing pension funding relief for the Chicago Public Schools, while meeting Governor Bruce Rauner's call for a local property tax freeze. The bill,Show More Summary

Chicago makes massive teachers pension fund payment

Chicago Public Schools made a massive contribution to the teachers pension fund Tuesday after efforts to postpone the $634 million payment failed in the state Legislature, but it was unclear what effects the move would have on the cash-strapped district heading into the new school year.

No fixes in sight for state budget, CPS pension payment

Facing a day of multiple deadlines, Illinois lawmakers return to the Capitol on Tuesday little closer to coming up with a new state budget or helping Chicago Public Schools deal with a deadline for a massive pension payment.

City Approves Massive $1 Billion CPS Borrowing Plan

After being denied help in Springfield with the Chicago Public School system's monetary woes, the city approved a plan to borrow over $1 billion for the public schools. [ more › ]

Chicago Schools Are Broke, Need Springfield's Help To Fix Them

After internal reports by the Chicago Public School System indicated that the city's schools are nearly broke, the city has turned to extreme measures to keep operations running. [ more › ]

CPS on the brink

After years of masking over a looming financial catastrophe, the Chicago Public Schools system has produced a report that says... CPS has spent years masking over a looming financial catastrophe.

Chicago property taxes to go up slightly

Chicago homeowners on average will pay about $90 more in property taxes this year than last year, Cook County Clerk David Orr announced Thursday, with the increase driven in part by a tax hike for Chicago Public Schools.

Teacher pens devastating letter to school district after bullied transgender colleague commits suicide

2 weeks agoNews : The Raw Story

A teacher now based in Chicago has written a devastating open letter to the Superintendent of Milwaukee Public Schools, accusing the school district of failing to support a transgender woman teacher whom she believes was bullied into suicide by teacher’s aides at the school where she worked....

Vic Spencer – CPS Lunch

Vic draw inspiration from the Chicago Public School lunchlines him and his boys used to freestyle in for his latest joint. “CPS Lunch food was nasty. So is this record.” He ain’t lying. Produced by Doc da Mindbenda. Previously: Chris $pencer (Chris Crack & Vic Spencer) – Puck The Folice

Shaw: Chicago Public Schools officials need to take a long, hard look in the mirror

Chicago Public Schools has its fair share of problems, and after the resignation of former CEO Barbara Byrd-Bennett following questionable contracts and a federal investigation, Andy Shaw of the Better Government Association wants to...Show More Summary

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