CPS on the ‘financial brink’ and state takeover shouldn’t be out of the question, Civic Federation report says
Chicago Public Schools is on the financial brink and the state should consider taking over, according to budget watchdog group the Civic Federation.
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CPS perched on financial cliff, state financial takeover an option: report
Ferguson says the report is a reality check for CPS' new hybrid-elected school board: 21 members will be sworn in on Wednesday. Ferguson warns the board the financial situation is so serious ...