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.
A largely unasked question is becoming glaring: Is Illinois doing all it should to use artificial intelligence to make government cost less and work better? So far, the evidence says no.
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
No coincidence that CPS/CTU have created a failure that has the same credit rank as every other socialist failure.