Chicago's $1 Billion Budget Hole Exacerbated by School Turmoil

Chicago Mayor Brandon Johnson faces one of the biggest tests of his administration as turmoil with the school district — marked by an abrupt ...

Chicago's $1 Billion Budget Hole Exacerbated by School Turmoil · City's entire board of education abruptly resigned last week · Junk-rated school ...

The district also took out a series of emergency loans to deal with budget shortfalls between 2016 and 2018. According to the district, it still ...

... turmoil with the school district threatens to further erode the ... Chicago's $1 Billion Budget Hole Exacerbated by School Turmoil. From ...

The root of the CPS back-and-forth is a lack of money. CPS faced about a $500 million deficit for this school year as federal pandemic ...

Now the CTU is screaming at everyone involved to demand $1 billion from the state, while Martinez wants Johnson to raid the city's TIFs funds to ...

Ratings agency downgrades for the city's credit, making borrowing more expensive in the near term. A lingering budget deficit akin to this ...

A budget shortfall of nearly $1 billion is forecasted for the upcoming year for Chicago, NBC Chicago's Christian Farr reports.

Chicago Mayor Brandon Johnson's 2025 budget proposes a nearly $1 billion deficit. High personnel and pension costs have Johnson breaking his ...

That includes a $500 million gap in the Chicago Public Schools 2025 budget that Johnson wants to address with a short-term, high-interest loan, ...

Aldeman: Borrowing another $284M, rather than reducing programs or staff, would put city's schools in an even deeper budget hole than they ...

Chicago Public Schools spends $100 million yearly on its 20 emptiest schools. And it wants to spend another $1 billion on them. – Wirepoints.

Chicago is facing a $982.4 million budget shortfall in 2025 that has Mayor Brandon Johnson refusing to rule out the property tax increase he ...

Bloomberg: Chicago's $1 Billion Budget Hole Exacerbated by School Turmoil https://t.co/qQXEjMYffc.

A one-time debt issuance to finance permanent spending increases would make matters worse in following years. That habit of treating temporary ...

Amid turmoil over district leadership and a disagreement over the budget, Chicago Public Schools CEO Pedro Martinez said Wednesday that a ...

Is this $10 billion dollar number over the next 4 years real? Chicago has a $223 million budget gap this year, and the city is projecting a ...

The city is currently facing a nearly $225 million deficit that is expected to go up to about $1 billion next year. The mayor's budget ...

Chicago is the most concerning. The district's current $300 million budget gap is set to triple next year, which isn't surprising since ...

Chicago's Democratic Mayor Brandon Johnson announced last week that the city's public school system faces a $982 million budget deficit in ...