WATCH LIVE

Chicago & Suburban Cook Co.North SuburbsWest SuburbsSouth SuburbsNW Indiana
EDIT
Log In
WatchApps
Local News
Chicago & Suburban Cook Co.North SuburbsWest SuburbsSouth SuburbsNW Indiana
Categories
WeatherTrafficLocal NewsU.S. & WorldI-TeamPoliticsEntertainmentConsumer & Business
WeatherHealth and COVIDABC7 SportsEquity ReportLocalishRace and CultureChicago Proud
Station Info
About ABC7 ChicagoABC7 Newsteam BiosCommunity JournalismTV ListingsABC7 Jobs - InternshipsContests, Promotions & RulesCommunity
shows
ABC7 LIVE NewscastsWindy City WeekendOur ChicagoOur America
Follow Us:
Welcome,
Your Account
Log Out
  • Share
  • Tweet
  • Email
Education

Review of CPS finances rules out state takeover

WLS
  • Share:
  • Share
  • Tweet
  • Email
  • Share:
  • Share
  • Tweet
  • Email
CHICAGO (WLS) -- A review of Chicago Public Schools' finances ordered by Governor Bruce Rauner shows CPS finances are in bad shape, but not bad enough for a state takeover.

The Illinois Board of Education found planned cuts will be CPS is not projected to go bankrupt until the 2019 fiscal year, making a state takeover illegal.

The state board says it will continue to monitor the district's financial situation.
Related topics:
educationchicagoillinoisbruce raunerchicago public schoolscpspolitics
  • Share:
  • Share
  • Tweet
  • Email
Copyright © 2022 WLS-TV. All Rights Reserved.
TOP STORIES
West suburban mayor arrested for DUI, was asleep on expressway: police
Mother scolded by judge after gun goes off in son's backpack
ISP combatting expressway shootings with new technology, tactics
Tow truck driver found guilty in I-88 road rage murder
Chicago's Chinatown booming as others see population declines
Republican candidates for Illinois governor trade jabs in forum
Naperville native returns home after setting record on Mt Everest
Show More
Suburban restaurant expands during pandemic, in rare success story
Chicago 'Ride of Silence' highlights dangers cyclists face
Cook County announces guaranteed income pilot program
Bodycam video shows carjacking suspect's arrest on Northwestern campus
Toddler orders 31 McDonald's cheeseburgers on mom's DoorDash app
More TOP STORIES News
ABC7 Chicago
  • Home
  • AccuWeather
  • Traffic
  • Local News
      Chicago & Suburban Cook Co.North SuburbsWest SuburbsSouth SuburbsNW Indiana
  • Categories
      WatchAppsLocal NewsU.S. & WorldI-TeamPoliticsEntertainmentConsumer & Business
  • Station Info
      About ABC7 ChicagoABC7 Newsteam BiosCommunity JournalismTV ListingsABC7 Jobs - InternshipsContests, Promotions & RulesCommunity
  • Shows
      ABC7 LIVE NewscastsWindy City WeekendOur ChicagoOur America
  • Apps
ABC7 Chicago
Follow Us:
HomeWeatherTrafficWatchPhotosApps
Chicago & Suburban Cook Co.North SuburbsWest SuburbsSouth SuburbsNW Indiana
Local NewsU.S. & WorldI-TeamPoliticsEntertainmentConsumer & Business
About ABC7 ChicagoABC7 Newsteam BiosCommunity JournalismTV ListingsABC7 Jobs - InternshipsContests, Promotions & RulesCommunity
  • Privacy Policy
  • Do Not Sell My Personal Information
  • Children's Privacy Policy
  • Your California Privacy Rights
  • Terms of Use
  • Interest-Based Ads
  • Public Inspection File
  • FCC Applications
Privacy PolicyDo Not Sell My Personal InformationChildren's Privacy PolicyYour California Privacy Rights
Terms of UseInterest-Based AdsPublic Inspection FileFCC Applications
Copyright © 2022 ABC, Inc., WLS-TV Chicago. All Rights Reserved.