Number of half-empty Chicago public schools doubles, yet lawmakers want to extend school closing moratorium – Wirepoints
April 19, 2024
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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.
Hopefully, all media will get the message, in Illinois, too.
Ted joined Tom Miller of WJPF to talk about Illinois’ highest-in-the-nation property taxes, why lawmakers don’t want to touch the tax’s cost drivers, just how much Illinoisans’ tax burden has grown over the decades, why Gov. Pritzker failed to meet his promise to reform property taxes, and more.
“The buy side’s hunt for yield will eclipse its worries about Chicago’s pension burden, vulnerability to a future recession, or the front-loading of refunding savings on the city’s upsized $1.47 billion of borrowing this week.” THIS says it all. How much optimism and TRUST must exist for people to buy the long-term debt of taxing bodies that have a proven track record of IDIOCY, profligacy and mismanagement? Obviously only Pollyanna shows up to buy in the bond market. Either it’s she, or Alfred E. Newman (“What, me worry?”) Someday this will matter. When that day arrives, and instead of BLIND… Read more »