What do the Chicago Teachers Union, Occupy Chicago, the Chicago Tribune
editorial page, the Chicago Civic Federation, and Moody’s credit rating
agency all have in common? They have each slammed the Chicago Public
Schools for proposing a budget that drains the system’s entire $349 million rainy day fund.
The
widespread disapproval raises the question of whether the Board of
Education, which is appointed by Mayor Rahm Emanuel and typically rubber
stamps any CPS proposal, might suggest changes to the new budget at its
July 26 meeting. Read more »