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While Uplift was founded with the expectation its student body would primarily come from Uptown, it’s not designated a neighborhood school by Chicago Public Schools. Without a consistent stream of incoming students, or draws like International Baccalaureate or performing arts programs, its enrollment stands at 107 students. Last year, the school used less than 10% of its space.
Summary and audio linked here.
Chicago’s political leadership is floating a pension buyout program as evidence it is seriously addressing the city’s thirty-six-billion-dollar unfunded pension liability, but Mark Glennon, founder of the Illinois policy research organization Wirepoints, said that the proposal moves debt from one column to another rather than reducing it, and that the broader fiscal picture facing the city continues to deteriorate across every measurable dimension. Audio here.
Expect no retraction or apology. This what they do.
The state’s existing buyout program for its own pensions is the precedent for Chicago, which should be a warning: Look out for similar exaggerated claims and shoddy analysis.
Full interview and summary linked here.
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Here’s a thought. Let’s close this facility and return a dollar to each Chicago property taxpayer!