S&P issues Chicago Board of Education a warning: Find revenue or 'scale down' operations to fund CTU contract

Contributing sentiments towards policy:

50% : Global credit ratings firm S&P rang the alarm on Chicago Public School finances last week, weighing in on the ongoing political gridlock between district leadership, the Chicago Teachers Union and Mayor Brandon Johnson with a warning: How the Board of Education opts to fund the CTU's forthcoming contract will determine the financial health of the district for years to come.
50% : It's far better for that to occur sooner, through compromise, than later through layoffs or state intervention, she said.
47% : As for how the contract will be funded, Sitkowski said in November that CPS is awaiting tax increment financing, or TIF, surplus funds from the city.

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