As CPS Students Return To Class, Some Principals Worry They Won’t Have Enough Staff – WBEZ (Chicago)

“It’s not gonna work — we’ve got a foundation of toothpicks, and on top of that is built a house of cards, like it’s all just going to come apart here,” one principal said. Several principals asked not to be named for fear of the repercussions of speaking publicly.

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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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