Chicago’s Bankruptcy Prophecy Foretold – Chicago Contrarian

“It’s easy to see who’ll be left holding the bag: The middle class, city workers, and maybe bondholders. (If the pension funds are holding municipal bond debt they will simply be obliterated. Payments to current retirees will cease. The housing market will collapse. It will be an extinction event for the city.)”

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Chicago Public Schools has same credit rating as Colombia, Vietnam – Illinois Policy

The CPS long-term debt burden is $9.1 billion as of fiscal year 2026. While CPS does not repay that entire debt in 2026, the district will be spending $15.257 billion by 2049 when future interest payments are included. In fiscal year 2026, CPS plans to refinance $1.8 billion of its debt and add $600 million in new debt for capital projects. CPS will also be taking $65 million from its debt service stabilization fund to help close its budget gap.

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Illinois’ FY23 financial audit released amid criticism of tardy reports – Center Square

Truth in Accounting Founder Sheila Weinberg said the audit released for fiscal year 2023 had one glaring note in a qualified opinion for the agency that handles unemployment, the Illinois Department of Employment Security. “They were not able to get a sufficient amount of evidence to determine whether the amounts reported were accurate or not, or whether the amounts that were paid to claimants, was accurate, or were those claimants even eligible for that money,” she said.

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Pritzker: Fair maps in Illinois would be ‘disarming’ to Democrats – Center Square

“I think having an independent commission is a good idea. It has to be done on a national basis, though. It can’t be done state by state. We’d be unilaterally disarming as Democrats if we did that,” Gov. JB Pritzker said. “I would hope that included in that language of the (Fair Maps Illinois) referendum amendment would be language that would enact an independent commission when all of the states have enacted an independent commission.”

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Foxx unveils a vision for ‘non-punitive justice,’ as a man continues to faces felony charges for tossing a Big Gulp on her – CWB Chicago

“The kind of justice I’m drawn to now is proactive,” Former Cook County State’s Attorney Kim Foxx wrote. “It’s not about punishment after harm, but about the systems, structures, and strategies that prevent harm from occurring in the first place. What if we became willing — strategically and morally — to absorb some harm in service of a greater good?”

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Illinois law bans police from ticketing students for breaking school rules – WAND (Decatur)

“The goal of the bill is to basically say that if it is minor enough to be a municipal violation like vaping or minor fights, keep it in the school,” said Aimee Galvin with Stand For Children Illinois. “School is a unique environment for discipline, unlike a business. If something happens at Walgreens, they don’t have an after-school detention or say you can’t come to the dance.”

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Chicago’s legal community buzzing about U.S. Attorney Boutros’ recruiting e-mail – ABC7 (Chicago)

In February, the Northern District of Illinois told the I-Team they had 144 prosecutors. In July, they were down to 126, and that includes prosecutors who took the so-called “fork in the road” retirement in Department of Government Efficiency cuts. Despite that, a spokesperson says the indictments are up 140 percent for the first six months of this year over last year.

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Chicago mayor says applicants for flood relief need not reveal if they’re in the U.S. illegally – FOX News

“We also want to make sure that when you are filling out the survey, your documentation status is not necessary to disclose,” Mayor Brandon Johnson said. “So this is for individuals who are residents or citizens, as well as undocumented individuals. That information will not be disclosed, so your status will be protected as the Welcoming City Ordinance permits.”

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Editorial: ‘The public thinks the game is rigged’ says Mike Quigley. Is the ‘Abundance’ argument the solution? – Chicago Tribune*

“So what’s the antidote for Chicago? Consolidate. Remodel. Rebuild. From scratch, if need be. ‘Changing a system,’ (U.S. Rep. Mike Quigley) said, ‘is different from someone who talks just about making cuts. We have an old car. It’s inefficient. We can’t just cut off the fender, the tires, the windshield wipers because we’d still be making the same car payments. We need a new car. A more efficient car.'”

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Illinois AG faces another lawsuit over use of outside lawyers – Reuters

A woman walks by Everett McKinley Dirksen U.S. Courthouse in ChicagoThe companies said Raoul’s use of the lawyers violates their due process rights under the U.S. Constitution because it delegates state authority to private parties with a financial stake in the outcome. They also argue the Illinois Constitution requires officers of the state’s executive branch to be compensated with state salaries.

 

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Pritzker says state won’t help CPS close $734M budget gap: ‘Not gonna happen’ – FOX32 (Chicago)

“What the CTU and the mayor are talking about, which is providing another billion or ($1.6 billion) for Chicago Public Schools, that’s just not gonna happen,” Gov. JB Pritzker said. “And it’s not because we shouldn’t. We should. We should try and find the money, but we don’t have those resources today, and we’re not going to see the resources from the federal government level either.”

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Pastor Corey Brooks: Do you trust a system that’s failing at education to handle your child’s mental health? – FOX News

“First off, the idea of shifting mental healthcare from reactive to preventive sounds great on paper. Who doesn’t want to stop problems before they spiral? But let’s be real: Illinois schools are already dropping the ball on the basics. According to Wirepoints, only 39 percent of students—1.1 million kids—read at grade level. Math scores are even worse. If schools can’t teach kids to read and write properly, why should we trust them to play therapist?”

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