CPS will get more than $2 billion in COVID-19 relief. But a financial ‘cliff’ is ‘staring us in the face,’ Board of Ed president says – Chicago Tribune*

The Civic Federation supports CPS’ overall budget but noted that the district is “heavily reliant” on short-term borrowing, and that underfunded teachers’ pensions continue to be a source of concern. “While the size of the budget continues to grow, the number of students in Chicago Public Schools continues to shrink. These issues need to be addressed through a comprehensive long-term plan,” Civic Federation President Laurence Msall said.