Welcome to the Reader‘s morning briefing for Wednesday, May 10, 2017.
Emanuel delays briefing City Council on his plan for a CPS bailout
Mayor Rahm Emanuel is working on a bailout plan for Chicago Public Schools that “could rely on using a mix of borrowing, tax-increment financing surpluses and job cuts for support staff” so the district doesn’t have to end its school year early, according to the Sun-Times. But he delayed a fuller discussion of his proposals for the second time when he canceled the Tuesday briefing he’d scheduled with the City Council. “We are going to reschedule the aldermanic briefings on CPS, and we’ll be in touch with them in the next few days to reschedule,” Adam Collins, Emanuel’s communications director, told the Sun-Times. “This is a very real, very complex problem, and each move or option has its own implications for students, parents, teachers and the financial markets.” Alderman Ricardo Munoz (22nd) said it’s “unacceptable” that the mayor is keeping the City Council in the dark on such an important issue. “I have no clue what’s going on,” Munoz said. “But all I can surmise is that they really don’t know what they’re doing over there . . . It is scary. It’s very scary.” [Sun-Times]
