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Between 1,600 and 1,700 positions based inside schools could be cut, according to a presentation used to brief board members. The presentation suggests there are ways to lessen the blow, specifically by getting more state funding or more city money than it is already expecting from special taxing districts meant to spur development, known as TIFs.
Summary and audio linked here.
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.
Expect no retraction or apology. This what they do.
The state’s existing buyout program for its own pensions is the precedent for Chicago, which should be a warning: Look out for similar exaggerated claims and shoddy analysis.
Full interview and summary linked here.
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Cheap talk, they are always hiring more and more people who do nothing for education.
CTU will never agree to that. CTU will protect their jobs at the expense of students and taxpayers. All while providing students with an inferior education.
So let me get this straight: the decline in enrollment over the past decade has been over 20%. They are now “threatening” to a Reduction in Force of 4%. This sounds like the most obvious solution. No need to consider other alternatives.The private sector does this every day. It’s called rightsizing. And is still woefully short of what could/should be done.
You got to love Davis-Gates balls. She sits there talking about the cps yet enrolls her kid in a private school.
Stacy Davis Gates nurtures her child’s dream at private school, but wants it crushed for yours
https://www.illinoispolicy.org/stacy-davis-gates-nurtures-her-childs-dream-at-private-school-but-wants-it-crushed-for-yours/
Corrupt to the bone.
article doesn’t state, but it’s my understanding CTU won in new contract NO layoffs and hiring of additional new CTU staff not less? Therefore, the proposed cut of 1,600 to 1,700 must be non-CTU staff (SEIU, etc). So, is this CTU stabbing their SEIU and other public sec buddies in the back?…or as queen Stacy would say “y’all ain’t sh#t”!!!
She’s a good backstabbing Dem, cut from the same cloth as the cabal that did in Caesar and Biden.