The Civic Federation said dwindling enrollment, rising costs, long-term pension liabilities, and infrastructure needs have left the district on "the financial brink." ...
Chicago Public Schools is on the financial brink and the state should consider taking over, according to budget watchdog ...
A new report being released today by the government watchdog Civic Federation puts Chicago Public School finances under the microscope as the district nears a fateful turning point.
The budget watchdog group said CPS' finances are in such bad shape that the State of Illinois may need to take control of the school district.
The results “will give us a lot to think about,” Board Chair Takis Karantonis, who has seen some of the data, said at an Arlington County Civic Federation meeting last week. “I remain ...
CHICAGO (WLS) -- The nation's fourth-largest school system is perched on a financial cliff, and will fall if something is not done soon, according to the Civic Federation. The budget watchdog ...
Budget watchdog group the Civic Federation warned current circumstances are “so serious that a state financial takeover … is not and should not be out of the question,” and urged the new ...
Steve Grzanich has the business news of the day with the Wintrust Business Minute. The Civic Federation of Chicago, the local budget watchdog, is warning that finances are so bad in Chicago Public ...
Illinois’ budget outlook, which went from embarrassing to respectable in less than a decade, is today best described as ...
That’s abundantly clear from a new report from the Civic Federation, which points out the most pressing fiscal and operational problems in CPS — among them, thousands of new hires largely paid ...