Civic Federation says Chicago Public Schools' finances could lead to a credit downgrade
The Civic Federation's finance report for the 2025 budget raises serious concerns about how the district will survive in the future.
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The Civic Federation's finance report for the 2025 budget raises serious concerns about how the district will survive in the future.
The Civic Federation’s finance report for the 2025 budget raises serious concerns about how the district will survive in the future. Jermont Terry reports.
The budget watchdog group said CPS' finances are in such bad shape that the State of Illinois may need to take control of the school district.
It turns out Mayor Brandon Johnson has more executive-level staff than other recent mayors.
It turns out Mayor Brandon Johnson has more executive-level staff than other recent mayors. Tara Molina reports.
The CBS 2 Investigators analyzed more than 1 million rows of city budget office data. The data showed the five key city departments that relied on overtime the most.
In one department, just two employees took home a combined total of nearly $500,000 in overtime, city budget office data show. CBS 2's Suzanne Le Mignot rpeorts.
Mayor Brandon Johnson said repeatedly that the Bears' plan for a new stadium -- which relies partially on public money -- would not come at an additional cost to taxpayers. But one expert says when it comes to the infrastructure improvements that are part of the plan, that may not be true. CBS 2's Sabrina Franza reports.
Mayor Brandon Johnson denied that the Bears’ shiny new dome could end up costing taxpayers a pretty penny, but an expert said the infrastructure around it very well might. CBS 2's Sabrina Franza reports.
The Civic Federation announced he died Saturday afternoon following complications from surgery.
The Civic Federation announced he died Saturday afternoon following complications from surgery.
CPS is maxing out their ask this tax year, despite enrollment hitting 10-year lows. CBS 2's Chris Tye reports.
As CBS 2 Political Investigator Dana Kozlov reports, this is the first time in almost 80 years the Cook County Forest Preserve District is asking voters for more money.
Mayor Lori Lightfoot on Monday laid out her $16.7 billion budget proposal in front of the City Council.
Facing an unprecedented $1.2 billion shortfall for next year, Mayor Lori Lightfoot on Wednesday proposed a $94 million property tax hike, a 3 cents per gallon increase in the city's gas tax, hundreds of layoffs, and eliminating nearly 2,000 vacant positions.
We're being bombarded by them – ads for and against the graduated income tax proposal for Illinois that will be on the ballot next month.
CBS 2 Morning Insider Lauren Victory made some interesting finds in the state's revenue report released this week.
Illinois state lawmakers were back home in their districts for the holiday Monday, after a whirlwind of a special session in Springfield. Two of the winners after votes were cast were the City of Chicago and state restaurant and bar owners.
The math is staggering – according to the U.S. Department of Labor, there were 114,663 unemployment claims in Illinois alone last week amid the coronavirus crisis.
The mayor's plan relies on the Illinois General Assembly to approve a graduated real estate transfer tax, revisions to the Chicago casino plan, and statewide pension reform.
Chicago needs 276 million for police and fire pensions. And in 2022, another 310 million for municipal pensions.
The layoffs this week of 18 firefighters and 13 police officers came after a court ordered pension payment Harvey can't afford to make.
Interest on the latest loans to pay down bills is better than paying late-penalty fees, the leader of the Civic Federation says.
Civic Federation President Laurence Msall said the state's credit rating is "a national embarrassment" as a result of the budget impasse.
The Civic Federation has issued an 86-page report on the governor's 2018 budget plan, and has said the proposal falls short.
A mother of five was remembered Thursday night, after she was hit and killed along Interstate 57 in a hit-and-run crash on the South Side of Chicago this week.
With more rain on the way this weekend, a Chicago children's theater is worried. They suffered flood damage already this week, and more damage could mean an uncertain future.
The Chicago Board of Education on Thursday approved an amended budget plan for the Chicago Public Schools that avoids laying off hundreds of teachers by assuming $150 million in additional state funding that is far from guaranteed.
The ex-Sangamon County Sheriff's deputy convicted of murdering Sonya Massey in her kitchen is asking for medical release from a state prison — and maintaining that Massey "attacked" him.
Chicago's Office of Emergency Management, which oversees roughly 200 traffic aides, says two were seriously injured by drivers this summer — leaving many uneasy on the job as Lollapalooza brings heavy traffic downtown.
For years, Deborah Witzburg sounded the loudest alarm when uncovering hundreds of cases of corruption and fraud inside Chicago city government.
The Trump administration on Thursday reiterated its view that China's alleged efforts to collect millions of American voter registration files constituted election interference.
John Kelly, who lobbied for the Chicago White Sox, Bally's and the United Center, is the latest name to join the list of candidates to become the city's next mayor
Illinois Secretary of State Alexi Giannoulias' bill to crack down on rogue tow truck companies and strengthen oversight has been sent to the desk of Gov. JB Pritzker.
Iowa Democrat Josh Turek got an assist Wednesday from former President Barack Obama, who endorsed his bid to flip a Republican-held U.S. Senate seat in a video of the two shooting hoops.
The Trump administration is taking aim at power grid operator PJM Interconnection over rising electricity bills that affect Illinois and Indiana residents.
Chicago remained the most bed bug-treated city in the country, according to Orkin's latest annual rankings covering a full year of residential and commercial treatment data.
Illinois Attorney General Kwame Raoul this week warned residents cleaning up from last month's storms to be on the lookout for scams.
Illinois Gov. JB Pritzker on Thursday signed several new consumer protections into law, including a ban on junk fees.
CBS News Chicago has learned that Illinois home insurance premiums are not only higher than the nation's average, but going up faster too.
East Chicago, Indiana is being placed on a precautionary boil water advisory starting Monday morning for planned installations that could affect water safety.
A new Northwestern Medicine study on long COVID shows women show more neurological symptoms than men.
A lettuce supplier to fast-food giant Taco Bell has been linked to a nationwide cyclosporiasis outbreak that has sickened thousands of people, the CDC said.
Chicago just barely made the top 20 in the American College of Sports Medicine's 2026 ranking of the country's fittest cities.
In a major turnaround in the opioid crisis, overdose deaths are falling across Chicago and Cook County.
A Wisconsin appeals court reversed a lower court ruling that had declared Act 10 unconstitutional, keeping the 2011 law limiting public workers' collective bargaining rights in place as unions prepare to appeal to the state Supreme Court.
The changing developments at 1800 N. Clybourn Ave. represent a microcosm of 40 years of changing development priorities on the Clybourn Corridor as a whole, and in Chicago and beyond.
The food deserts on Chicago's South and West sides could spread even wider if seven Save A Lot grocery stores close.
Illinois American Water and Aqua Illinois are both seeking rate increases that would raise monthly bills by as much as $28, while their parent companies seek regulatory approval to merge — a deal a consumer watchdog says would give one company control of nearly all regulated water customers in the state.
The Federal Trade Commission and attorneys general from several states secured a right-to-repair settlement Wednesday with agriculture equipment giant Deere & Co. — commonly known as John Deere — that requires the company to let farmers and independent shops fix their own equipment.
Grant Park was filled with tens of thousands of people Thursday for the start of Lollapalooza, as warm weather greeted festivalgoers on day one of the four-day music festival.
Academy Award-winning Irish singer-songwriter Glen Hansard has died in a motorcycle crash.
Actor William Shatner and his daughter, Melanie Shatner Gretsch, recall how they helped each other as they fought Stage 4 cancer side by side.
Carly Simon, the singer known for 1970s hits like "You're So Vain," announced she has Parkinson's disease and also was treated for basal cell carcinoma.
Paramount Skydance on Friday said it would delay the deal until as late as June 2027.
Chief meteorologist Albert Ramon has the latest First Alert Weather forecast.
A father is thanking the teen lifeguard who saved his 10-year-old son from drowning in Santa Cruz, California.
A mother of five was remembered Thursday night, after she was hit and killed along Interstate 57 in a hit-and-run crash on the South Side of Chicago this week.
The Chicago Board of Education on Thursday approved an amended budget plan for the Chicago Public Schools that avoids laying off hundreds of teachers by assuming $150 million in additional state funding that is far from guaranteed.
With more rain on the way this weekend, a Chicago children's theater is worried. They suffered flood damage already this week, and more damage could mean an uncertain future.
With more rain on the way this weekend, a Chicago children's theater is worried. They suffered flood damage already this week, and more damage could mean an uncertain future.
A mother of five was remembered Thursday night, after she was hit and killed along Interstate 57 in a hit-and-run crash on the South Side of Chicago this week.
Grant Park was filled with tens of thousands of people Thursday for the start of Lollapalooza, as warm weather greeted festivalgoers on day one of the four-day music festival.
Lollapalooza 2026 takes over Grant Park Thursday with headlining performances from Lorde, Charli XCX, the Smashing Pumpkins, Olivia Dean, Tate McRae and more.
The Chicago Board of Education on Thursday approved an amended budget plan for the Chicago Public Schools that avoids laying off hundreds of teachers by assuming $150 million in additional state funding that is far from guaranteed.
Chicago's Office of Emergency Management, which oversees roughly 200 traffic aides, says two were seriously injured by drivers this summer — leaving many uneasy on the job as Lollapalooza brings heavy traffic downtown.
Shavonne Worthy said she visited her mother's grave at Oakridge-Glen Oaks Cemetery in Hillside and found an empty hole where the headstone had stood for nearly 10 years — and the cemetery's new owner told her it was removed intentionally.
Earlier this month, charges were dropped in one case against Weinstein, but he still faces charges in New York and California.
The summer camp serves about 75 kids every year, with the mission to help them heal from a violent loss.
While Mayor Brandon Johnson hasn't announced if he will run for re-election next year, he's boasting about lower vacancy rates for Mag Mile buildings and taking credit for the positive changes.
Tristan Peters drew a bases-loaded walk in the 11th inning to force in automatic runner Chase Meidroth and the Chicago White Sox edged the Yankees 2-1.
Alex Bregman drove in the go-ahead run with a 10th-inning double and the Chicago Cubs went on to a 4-2 win over the St. Louis Cardinals.
The White Sox stayed 1 1/2 games ahead of Cleveland in the AL Central.
St. Louis snapped a three-game losing streak. It had lost nine of its last 11 games entering play Wednesday.
A fired-up Dennis Allen wants more from his defense, saying despite all the takeaways last year, they weren't good enough in any fashion, and when it comes to the pass rush, it's on the whole unit.
Two Mundelein-area men are facing charges connected to the murder of a man who disappeared last November.
Authorities have not yet identified partial human remains found in the Fox River, and it is not yet known whether they are connected to a boat crash or another incident.
Shavonne Worthy said she visited her mother's grave at Oakridge-Glen Oaks Cemetery in Hillside and found an empty hole where the headstone had stood for nearly 10 years — and the cemetery's new owner told her it was removed intentionally.
A man stood charged Wednesday with firing a gun at a car and going on to lead Illinois State Police on a chase on I-57 this week.
A federal grand jury in Chicago has indicted a film producer on charges that he defrauded clients out of more than $100 million.
