The Chicago Board of Education tapped $400 million from its short-term revolving credit agreements with Bank of America and ...

The borrowing comes as the government watchdog Civic Federation describes the junk-rated school district as being at a ...

Twenty members of Chicago’s new partially-elected Board of Education were sworn in last Wednesday after more than two months ...

Teachers and other school workers, who are determined to fight against years of austerity and lost purchasing power, must ...

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There were hopeful notes at the swearing-in of 20 new board members, half of them elected. Now the hard work begins.

S&P Global Ratings downgraded Chicago's general obligation debt to BBB from BBB-plus, saying the 2025 budget fails to address ...

As Chicago Public Schools continues contract talks with its teachers union, a pressing question looms: How will the district pay for a new contract — and rein in ballooning budget deficits?

To save CPS from ‘catastrophe,’ a watchdog urged ... my colleagues Sarah Karp and Nader Issa write. The report by the Civic Federation, a prominent government fiscal watchdog, set the stage ...

CHICAGO (WLS) -- A new report paints a dire financial picture at Chicago Public Schools. The Civic Federation says CPS is in such bad financial shape, that the state may need to take over control.

Congress MLA Raghubir Singh Tewatia from the Prithla Assembly segment raised concerns about the alleged poor civic amenities in villages recently incorporated into the civic limits of Faridabad ...