CPS

Stock Cuts and Bonds: Chicago Struggles to Fund Schools

Stock Cuts and Bonds: Chicago Struggles to Fund Schools
Chicago Public Schools recently asserted — again — that there was a way to "improve" community schools, cut budgets, $52 million dollars worth. The decision to eliminate administrative and operational expenses is touted as a means to help close an estimated $1 billion deficit, just as school closures were supposed to do. The earlier claims proved untrue, will this one?
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Bob George and Betsy L. Angert
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Chicago’s Choice: Closing 50 Schools But Spending $100 Million On Basketball Arena

Chicago’s Choice: Closing 50 Schools But Spending $100 Million On Basketball Arena
While Chicago insists it must close these schools to close budget gaps, it has just announced that it will be dedicated as much as $100 million in public funds for the construction of a new basketball arena at DePaul University — which is about a third of the cost of the project.
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