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Paul Vallas: The Chicago Public Schools Must Get Its Fiscal House in Order – Chicago Contrarian

Summary by WirePoints Illinois Financial News
"Let’s be clear: Chicago Public Schools (CPS) has no business expecting the city to cover the district’s $175 million payment for the employer contribution to non-teaching employees’ pensions. These employees are not city workers. At the same time, the city should not force the district to take out a loan to make that payment. Chicago has become a cash cow for a school district whose leadership refuses to operate within its means. ... A Wirepoin…

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WirePoints Illinois Financial News broke the news in on Wednesday, April 2, 2025.
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