Crain's Chicago Business15d
Chicago schools to take $400M advance from revolving credit
The borrowing comes as the government watchdog Civic Federation describes the junk-rated school district as being at a ...
CPS on the ‘financial brink’ and state takeover shouldn’t be out of the question, Civic Federation report says
Chicago Public Schools is on the financial brink and the state should consider taking over, according to budget watchdog group the Civic Federation.
CBS News25d
Civic Federation says Chicago Public Schools' finances could lead to a credit downgrade
CHICAGO (CBS) -- The budget watchdog group the Civic Federation warned Monday that the Chicago Public Schools' finances are in such bad shape that the State of Illinois may need to take control of ...
WBEZ1d
CTU praises arbitrator's report on contract talks but rejects recommendations as falling short
The rejection of the report could bring the teachers union closer to a strike. The school district is still reviewing the ...
Chicago Teachers Union rejects fact-finding report, negotiations to continue
CHICAGO — Chicago Teachers Union contract negotiations hit a snag after the union rejected an arbitrator’s findings. The CTU, ...
CBS News24d
New hybrid Chicago Board of Education to be seated amid financial crisis, increased discord in CTU talks
The group said a confluence of financial challenges jeopardizes the district's ability to provide the quality education necessary to prepare Chicago students for success. The report calls for ...
CPS and CTU start ‘fact-finding’ in an attempt to settle monthslong contract negotiations
Since being established in state law in 2010, the fact-finding process has been used three times. In two of those cases, ...