CTU, CPS views on large fund balance key in contract talks – Chicago Sun-Times

CPS Chief Financial Officer Miroslava Mejia Krug said the district exhausts the funds on operational expenses and has to take short-term loans so it can make payroll. That leaves only $66 million — or three days’ worth of operating expenses — in the bank at any one time. CPS CEO Pedro Martinez added: “There is no mythical pot of gold, so I hope we can put this to rest.”
2 Comments
Newest
Oldest Most Voted
Inline Feedbacks
View all comments
Leaving Soon, just not soon enough
1 year ago

As of 2021, Miroslava Mejia Krug, serving as the Chief Financial Officer (CFO) for Chicago Public Schools (CPS), had a reported base salary of $230,000. OpenPayrolls
In addition to her base pay, she received benefits totaling $42,927, bringing her total compensation to $272,927 for that year. This compensation is significantly higher than the average pay for school employees, reflecting the responsibilities associated with her executive role.

Add to the above–
Specific details about her benefits package, such as health insurance, retirement contributions, or other perks, are not publicly disclosed.

Deb
1 year ago

To CTU-there’s no money for your outrageous demands, especially with poor student performance.

SIGN UP HERE FOR FREE WIREPOINTS DAILY NEWSLETTER

Home Page Signup
First
Last
Check what you would like to receive:

FOLLOW US

 

WIREPOINTS ORIGINAL STORIES

WE’RE A NONPROFIT AND YOUR CONTRIBUTIONS ARE DEDUCTIBLE.

SEARCH ALL HISTORY

CONTACT / TERMS OF USE