By Brian Battle, includes “Chicago Public Schools, the third-largest school system in the United States, is facing what has been described as a budget disaster. However, the word “disaster” is a misnomer. … This decades-long, wholly predictable crisis is entirely man-made. …The Illinois General Assembly should pass, and the governor should sign, a bill that enables municipalities to file a Chapter 9 petition of the U.S. Bankruptcy Code. … The victims of this man-made disaster are the children enrolled in CPS. We have failed in delivering the most rudimentary level of responsible stewardship in one of the most essential of government services…”
Read the full article on: Crain’s Chicago Business