State budget forecast uncertain, Illinois education leaders weigh $412 million increase for schools – Chalkbeat Chicago

Schools largely appear to have avoided reductions in Pritzker’s $711 million in budget cuts, with two exceptions: cuts to maintenance grants that districts use for keeping up school facilities and possible personnel furloughs at the state agency level.

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Mark Glennon on AM560’s Morning Answer: Chicago pension buyout plan mostly shifts debt rather than eliminating it, property tax surge doubles inflation over three decades

Chicago’s political leadership is floating a pension buyout program as evidence it is seriously addressing the city’s thirty-six-billion-dollar unfunded pension liability, but Mark Glennon, founder of the Illinois policy research organization Wirepoints, said that the proposal moves debt from one column to another rather than reducing it, and that the broader fiscal picture facing the city continues to deteriorate across every measurable dimension. Audio here.

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