Chicago Public Schools has same credit rating as Colombia, Vietnam – Illinois Policy

The CPS long-term debt burden is $9.1 billion as of fiscal year 2026. While CPS does not repay that entire debt in 2026, the district will be spending $15.257 billion by 2049 when future interest payments are included. In fiscal year 2026, CPS plans to refinance $1.8 billion of its debt and add $600 million in new debt for capital projects. CPS will also be taking $65 million from its debt service stabilization fund to help close its budget gap.
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Call my shrink
9 months ago

Stacey ask your privately schooled children to explain what this means. Obviously you and the rest of your greedy ” educated” horde don’t have a clue

Last edited 9 months ago by Call my shrink
Lurker
9 months ago

No coincidence that CPS/CTU have created a failure that has the same credit rank as every other socialist failure.

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