Proposal to fix $500M budget gap up for vote next week
Chicago Mayor Brandon Johnson is proposing a long-term, high-interest loan to avoid CTU cuts and close a CPS budget gap, a memo said.A proposal to fix a $500 million budget gap is up for a crucial vote next week.But, some say Mayor Brandon Johnson 's solution is a bad strategy to save money.
A school board vote on this year's CPS budget is scheduled next week. CPS is proposing to close a $500 million budget gap with central office cuts, restructuring debt and eliminating 300 Chicago Teachers Union positions. "There are a number of considerations that we have to make to ensure our children get what they deserve," Johnson said.
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