The Chicago Teachers Union says an audited budget for the last school year showing an extra $344 million indicates the city's school district has manufactured a fiscal crisis.
However, Chicago Public Schools officials say the money is budgeted for the current school year. They say the money appears on last year's books thanks to Cook County sending out property tax bills on time for a change.
The Chicago Sun-Times reports union president Karen Lewis contends the school district always understates revenue while over-projecting spending. She says months after the budget is drafted, the final audited versions typically show a smaller financial hole.
CPS spokeswoman Becky Carroll says the $344 million turned up because of early payments by the state and county governments. The district projects a $700 million deficit.
Thursday, June 13 2013 1:45 PM EDT2013-06-13 17:45:09 GMT
Even a fire hydrant is feeling the Blackhawks spirit, especially after Chicago's midnight victory over the Boston Bruins at the United Center in triple overtime.
Even a fire hydrant is feeling the Blackhawks spirit, especially after Chicago's midnight victory over the Boston Bruins at the United Center in triple overtime.
Wednesday, June 12 2013 9:55 PM EDT2013-06-13 01:55:01 GMT
Forecasters say hot weather could give way to violent storms across parts of Illinois and are warning residents to be prepared for strong winds, hail and even tornadoes.
Forecasters say hot weather could give way to violent storms across parts of Illinois and are warning residents to be prepared for strong winds, hail and even tornadoes.
Tuesday, June 18 2013 10:12 PM EDT2013-06-19 02:12:41 GMT
Chicago Public Schools wrap up classes this week, and that means some of the schools will only be open for a few more days before they are closed as part of the CPS 5-year reorganization plan.
Chicago Public Schools wrap up classes this week, and that means some of the schools will only be open for a few more days before they are closed as part of the CPS 5-year reorganization plan.
Tuesday, June 18 2013 6:27 PM EDT2013-06-18 22:27:58 GMT
A southwest suburban teen pleaded guilty to being drunk when he fatally struck a 4-year-old girl chasing a ball in the street has been sentenced to probation and community service.
A southwest suburban teen pleaded guilty to being drunk when he fatally struck a 4-year-old girl chasing a ball in the street has been sentenced to probation and community service.
Tuesday, June 18 2013 5:55 PM EDT2013-06-18 21:55:58 GMT
Police ask the Albany Park/Mayfair community to be vigilant, walk in pairs and avoid strangers, after a woman was sexually assaulted Monday night near the entrance to a CTA Blue Line station.
Police ask the Albany Park/Mayfair community to be vigilant, walk in pairs and avoid strangers, after a woman was sexually assaulted Monday night near the entrance to a CTA Blue Line station.
