Mayor Emanuel to detail $200 million in CPS cuts

This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated.

CHICAGO (AP) --  Chicago Mayor Rahm Emanuel is expected to unveil a comprehensive plan explaining how the nation's third-largest school district will move forward after paying a $634 million pension bill this week that district officials said it couldn't afford.

City officials say the payment was made through borrowing and budget cuts that could hurt the classroom, including "impacting" 1,400 jobs.

Interim Chicago Public Schools CEO Jesse Ruiz says CPS must make $200 million in cuts. He blames state lawmakers for causing further debt.

Tuesday was the deadline to make the mandated payment.

Emanuel and district officials asked legislators for a 40-day delay they said would provide breathing room to find a longer-term solution. But the Illinois House voted down that plan last week and there wasn't enough support for another vote Tuesday.

Mayor Emanuel will hold a press conference today at 2 p.m.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

1 Comment

Notice: you are using an outdated browser. Microsoft does not recommend using IE as your default browser. Some features on this website, like video and images, might not work properly. For the best experience, please upgrade your browser.