Understanding Municipal Debt: A Case Study of the Chicago Public Schools – The Civic Federation

The District’s debt burden is high compared to peer school districts, and its below-investment-grade credit rating significantly increases borrowing costs. These challenges are driven by a combination of factors, including aging facilities, declining enrollment, recurring structural deficits, and years of difficult fiscal decisions made under significant budget constraints.
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Leaving Soon, just not soon enough
2 hours ago

The teachers want a raise and do not care how the CPS pays for it.

David F
2 hours ago

Failed to consider the highest paid teachers in the nation.

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