The worsening financial crisis of the Chicago Public Schools (whose budget, as well as its taxing authority, is separate from that of the city) poses a threat to the welfare of 26,261 current teachers and 396,683 students. Full report linked here.
Illinoisans don’t like how they’re being disrespected by their politicians – paying ever-higher taxes for ever-fewer services. So they leave.One of those people leaving is a North Shore neighbor of mine moving to Colorado. For him, the calculus was simple. Stay and pay more and more for a government he trusts less and less, or leave and save $1 million dollars.
Ted talks to the Morning Newswatch about how the state's teacher pension funding scheme is regressive. Wealthy districts, with higher salaries and bigger bureaucracies, benefit most from state pension funding.Read on to compare your local school district’s pension subsidy to others around the state.