Another ratings agency downgrades CPS to junk status
All three major debt rating agencies now rate Chicago Public Schools' bonds as "junk." Standard & Poor's downgraded the district's debt late Friday, citing a precarious budget plan for the...
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New CPS CEO Forrest Claypool lines up leadership team
New Chicago Public Schools CEO Forrest Claypool has started to line up his leadership team, which includes some colleagues from his previous job as head of the Chicago Transit Authority....
CTU, CPS agree to bring mediator into contract talks
The Chicago Teachers Union and the school district have agreed to enlist a mediator in efforts to reach a new contract. "It's one of those things that the parties do...
CPS to end pension pickup for nonunion workers; CTU wary but willing to talk
Chicago Public Schools said it will quit paying the bulk of pension contributions for more than 2,000 nonunion workers, a move that lays groundwork for the district to request similar...
CPS’ $5.7 billion spending proposal relies on $480 million from Springfield
Chicago Public Schools unveiled a budget Monday meant to pressure Gov. Bruce Rauner and state lawmakers into providing nearly a half-billion dollars in pension relief, a gambit school officials warn...
Chicago Public Schools backs off on schedule changes
Following complaints from students, parents and educators about new school day schedules, Chicago Public Schools has scaled back its plan to change bell times at 82 schools. The district will...
CTU president says pension pickup issue ‘strike-worthy’
Chicago Teachers Union President Karen Lewis said the district's withdrawal of a one-year contract offer was "disingenuous, disturbing and destructive" and called efforts by the city to have teachers pay...
Chicago Public Schools pulls 1-year offer to teachers, seeks multiyear deal
Chicago Public Schools on Thursday said it has withdrawn an offer for a one-year contract with the Chicago Teachers Union and will begin a push for a multiyear deal. A...
Rauner tries to leverage CPS woes into crackdown on union rights
Gov. Bruce Rauner on Wednesday tried to use Chicago Public Schools' money woes and lack of a new teacher contract as leverage, saying the state should not help the district...
New Chicago schools chief calls for teacher concessions
New Chicago Public Schools CEO Forrest Claypool on Tuesday repeated the district's plea for help from the state and said he is preparing a budget that will "buy time" until...