In this segment, Civic Federation President Laurence Msall discusses key aspects of the State of Illinois’ FY2018 budget and the challenges the State still faces. He says the most important aspect of Illinois having a budget is that it…
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This article discusses the high interest rate that the Chicago Public Schools will have to pay on $387 million in loans that the District is using as a short-term fix for its financial crisis. Civic Federation President Laurence Msall…
This article examines the City of Chicago’s proposed short-term borrowing plan to prevent the Chicago Public Schools from ending the school year early. Civic Federation President Laurence Msall remarks that the District could pay a premium…
The following news items cover the release of the Institute for Illinois’ Fiscal Sustainability at the Civic Federation's analysis of Governor Rauner’s FY2018…
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This article discusses the City of Chicago taking additional time to determine how to prevent the Chicago Public Schools from ending the school year early due to financial issues. Laurence Msall, President of the Civic Federation, notes…
This article discusses what options the City of Chicago might have to aid the Chicago Public Schools and prevent the District from ending the school year early due to serious financial issues. Civic Federation President Laurence Msall…
