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, May 16 2013 9:49 PM EDT2013-05-17 01:49:53 GMT
Mayor Emanuel will celebrate two years in office by unveiling "Elevate Chicago" on Thursday, a series of construction projects to improve Navy Pier and McCormick Place.
Mayor Emanuel will celebrate two years in office by unveiling "Elevate Chicago" on Thursday, a series of construction projects to improve Navy Pier and McCormick Place.
Monday, February 25 2013 1:41 PM EST2013-02-25 18:41:37 GMT
Just as Oscar host Seth MacFarlane set his sights on a variety of targets with a mixture of hits and misses, the motion picture academy spread the gold around to a varied slate of films.
Just as Oscar host Seth MacFarlane set his sights on a variety of targets with a mixture of hits and misses, the motion picture academy spread the gold around to a varied slate of films.
Tuesday, May 21 2013 9:11 PM EDT2013-05-22 01:11:08 GMT
In Englewood, Altgeld Elementary is shutting down, but staying open. Wentworth Elementary is moving there and taking over, making everyone unhappy about something.
In Englewood, Altgeld Elementary is shutting down, but staying open. Wentworth Elementary is moving there and taking over, making everyone unhappy about something.
Tuesday, May 21 2013 8:08 PM EDT2013-05-22 00:08:47 GMT
Jenn Gibbons embarked on a two month trip around the perimeter of Lake Michigan to raise money for the non-profit organization she founded for breast cancer survivors called Recovery on Water, or ROW.
Jenn Gibbons embarked on a two month trip around the perimeter of Lake Michigan to raise money for the non-profit organization she founded for breast cancer survivors called Recovery on Water, or ROW.
Tuesday, May 21 2013 6:42 PM EDT2013-05-21 22:42:17 GMT
A man impersonating a police officer pulled over a northwest suburban student as she was drove to school Monday, searching her car before letting her leave, Pioneer Press is reporting.
A man impersonating a police officer pulled over a northwest suburban student as she was drove to school Monday, searching her car before letting her leave, Pioneer Press is reporting.
Tuesday, May 21 2013 6:04 PM EDT2013-05-21 22:04:36 GMT
Rescue crews aren't the only ones heading to help tornado victims in Oklahoma. Addison's Lutheran Church Charities sent ten comfort dogs to Moore on Tuesday, to help console victims.
Rescue crews aren't the only ones heading to help tornado victims in Oklahoma. Addison's Lutheran Church Charities sent ten comfort dogs to Moore on Tuesday, to help console victims.
