Ahead of Crucial CPS Budget Vote, CTU Calls on City Council to Solidify TIF Surplus Commitment – WTTW (Chicago)
The union believes the city’s TIF surplus is approximately $500 million, and if that amount is handed to CPS, it would not only allow the district to keep its promise to keep cuts out of the classroom, it would help reverse initial cuts to custodial staff, classroom assistants, crossing guards and Safe Passage workers.

Twenty-six members of the City Council fired off a letter to school board members Wednesday urging them to reject taking a loan that would reimburse the city for the $175 million pension payment. That’s despite the city’s budget — approved by the council in December 2024 — counting on CPS making the payment.