Thursday Morning News, Part 1 [money]

CPS Projects Big Budget Shortfall WBEZ

Chicago Public Schools officials said they may seek a property tax hike to fill a major budget shortfall.

Schools Budget Crisis: $475 Million Deficit CBS2 Chicago

"We are preserving core education and we're preserving classroom size," said Schools CEO Ron Huberman. "We're not laying off teachers.

Chicago school leaders say tax hike is likely Chicago Tribune

Chicago schools chief Ron Huberman said leaders will not consider increasing class sizes or cutting core educational programs or security for students.

Chicago Public Schools face financial woes ABC7

New schools CEO Ron Huberman says class size won't increase and core education programs won't be cut in order to balance next year's numbers.

CPS says budget outlook 'serious,' hints at tax hike

The news conference came after the district's new CEO Ron Huberman

told aldermen last month that declining tax revenue and rising employee

pension requirements will create a "perfect storm" that will make

balancing the budget difficult ...

Filed under: Media Watch

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