Civic Federation Outlines Problems In Chicago's Proposed School Budget

Shields, Yvette
June 2006
Bond Buyer;6/27/2006, Vol. 356 Issue 32411, p36
Trade Publication
The article reports that the Civic Federation of Chicago, a business-sponsored watchdog group, has requested the Chicago Board of Education to reject its proposed fiscal 2007 budget in Illinois. The group argued that the budget plan fails to address increasing pension costs and rising personnel costs amid declining enrollment. In a detailed review, the group also found insufficient detail as to how the system would spend bond proceeds under a new partnership.


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