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.
This calculation would be more meaningful if measured by tax returns or household. A large number of taxpayers don’t pay state income taxes because they don’t make enough, so their inability to pay will fall on others. Add on the retirement income tax exemption and the number of folks footing this bil becomes even smaller. You can apply this measure to pension debt as well.
Nixit, exactly right. In fact, suppose you use the progressives’ state goal of raising taxes only on the top ten percent. We’ve calculated that before, and if you are in Chicago with all the overlapping pensions, it approaches $1 million per household!