CPS Wants Federal ‘Small Business’ Loans For Charter Schools Investigated – WBEZ (Chicago)

The district argues the charter schools were fully funded for the duration of the 2019-2020 school year, which is the time period covered by the PPP application. In addition, the state is distributing $570 million in relief funds from the federal CARES coronavirus relief package to Illinois districts. Chicago is getting $206 million of that.

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Mark Glennon on AM560’s Morning Answer: Chicago pension buyout plan mostly shifts debt rather than eliminating it, property tax surge doubles inflation over three decades

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.

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