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CPS' $389 million funding fix: Haul out the plastic

Posted on May 19, 2017

Crain's Chicago Business

This article examines the City of Chicago’s proposed short-term borrowing plan to prevent the Chicago Public Schools from ending the school year early. Civic Federation President Laurence Msall remarks that the District could pay a premium for the short-term fix and notes that there needs to be a long-term plan from the State of Illinois and City of Chicago on how to handle the District’s financial issues.