Civic Federation warns of soaring spending at CPS – Crain’s*

The budget is balanced, but the reason largely is $1.06 billion from Washington in COVID relief money, the federation said. And while more money is coming, that pot is scheduled to run dry in 2024. That’s problematic because CPS is sharply increasing spending as a result of COVID and the new contract, with the Chicago Teachers Union today holding a press conference to demand a voice on how Mayor Lori Lightfoot spends $4 billion in federal aid that the CTU says CPS is “is sitting on.”