Number of half-empty Chicago public schools doubles, yet lawmakers want to extend school closing moratorium – Wirepoints
A set of state lawmakers want to extend CPS’ current school closing moratorium to February 1, 2027 – the same year CPS is set to transition to a fully-elected school board. That means schools like Manley High School, with capacity for more than 1,000 students but enrollment of just 78, can’t be closed for anther three years. The school spends $45,000 per student, but just 2.4% of students read at grade level.
Should be interesting to see if the various entities will actually pony up the extra money for the contributions
As you say, it won’t stop the UL from growing (and they thought they were being so clever with the discount rate drop)…they didn’t make full contributions when they had a lower required contribution, so I don’t really see them getting a hell of a lot.
I imagine these graphs will just get uglier:
http://publicplansdata.org/quick-facts/by-pension-plan/plan/?ppd_id=34