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Pension reform

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Quick Hit
by Aricka Flowers
11:19pm
Wed Jul 2, 2014

CPS Unveils 2015 Budget Proposal, Uses Property Tax 'Fix' To Fill Deficit

Chicago Public Schools officials released their 2015 budget proposal this holiday week, unveiling the eyebrow-raising plan late Wednesday. 

The budget overview, which states that pensions "continue to be the single largest driver in CPS's structural deficit," details a plan to fill its more than $876 million budget deficit by expanding the length of time in which it collects property taxes — a tactic that can only be used once and essentially dips into funds that would be made available for its 2016 budget. 

PI Original
by Ellyn Fortino
4:37pm
Wed Jun 25, 2014

Chicago City Council Roundup: Gun Shops, Phone Taxes & SROs

Progress Illinois provides some highlights from Wednesday's Chicago City Council meeting.

PI Original
by Ellyn Fortino
5:50pm
Thu Jun 5, 2014

Social Service Advocates Warn Of 'Significant' Cuts In Flat Illinois Budget

Child welfare and human services advocates say the the $35.7 billion 'flat' budget approved last week by the Illinois General Assembly includes significant cuts to critical programs.

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