April’s state income tax windfall is unlikely to repeat – The Bond Buyer

The preliminary analysis of Illinois officials pointed to non-wage taxes like capital gains and dividends playing a large part in the revenue surge. “As a result, this significant one month overperformance cannot safely be extrapolated into future underlying growth,” according to the Commission on Government Forecasting and Accountability.

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Number of half-empty Chicago public schools doubles, yet lawmakers want to extend school closing moratorium – Wirepoints

A set of state lawmakers want to extend CPS’ current school closing moratorium to February 1, 2027 – the same year CPS is set to transition to a fully-elected school board. That means schools like Manley High School, with capacity for more than 1,000 students but enrollment of just 78, can’t be closed for anther three years. The school spends $45,000 per student, but just 2.4% of students read at grade level.

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