Civic Federation President Joe Ferguson: CPS leaders must get the district’s debt under control – Chicago Tribune*

"CPS projects that it will have to spend almost $800 million of operating revenue in 2027 to service its debt. In other words, as much as 8 percent of the district’s budget gets spent on repaying debt. ... Many of the possible solutions are tied to two of the reasons CPS carries so much debt in the first place — an unsustainable number of school facilities and cyclical fiscal crises."