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.
From the Oath of Office taken by Chicago School Board members:
“I shall respect taxpayer interests by serving as a faithful protector of the school district’s assets;”
I can imagine different ways to interpret that, such as “I will maximize the number of schools the district owns.” I don’t see anything about “efficient”, “effective” or “economical” in the oath.
The media should stop covering her. Just let Martinez continue to drive the conversation in the media. See how she likes it when they take her public voice away.
One of the most EXPENSIVE (maybe the most) contract head for the City of Chicago as much as the entire county, but she won’t answer questions.