AM News: Huberman Announces Schoolpocalypse 2010


Schools CEO Projects $1 Billion Deficit WBBM

class size would not be enough to close the budget gap. Boosting
classes from 28 to 31 students would save $40 million, which is a
fraction of what is needed, and would require layoffs of up to 600

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CPS job cuts as $975 million deficit looms
Sun Times
to make ends meet this year, the district is cutting back some spring
non-varsity sports and eliminating lacrosse and water polo, officials
revealed Thursday. A highly touted freshman orientation program is also
being shortened.

Public Schools layoffs, furloughs: $1 billion deficit feared
grim 2011 budget forecast takes into account a skyrocketing pension
obligation next year and contractual raises for teachers that together
increase costs by about $450 million over this year, district officials

CPS Announces Job Cuts, Paints Dire Budget Outlook.
"It is our sincere desire to
avoid further layoffs, but it's not up to us. It's up to Springfield,
and it's up to our unions partnering with us."


on excused school absence killed in West Side shooting Tribune
15-year-old boy whose family said he was on an excused school absence
was shot and killed Thursday down the street from his home in the West
Side's West Garfield Park neighborhood.

Filed under: Daily News Roundup


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  • In 1995, Mayor Daley and the Chicago Public Schools convinced the Illinois State General Assembly to take the property tax levy that had come directly to the Chicago Teachers Pension Fund from the State every year since the 1940s and redirected it to the Chicago Public Schools operating budget-therefore the CTPF no longer received any employer contributions. At the time of the law being passed in 1995 by the Illinois General Assembly, the CTPF was 99% funded. The Chicago Public Schools received $1.5 billion dollars in contributions over the decade from 1995-2004 from the State and didn't have to pay the CTPF anything! In return, the Chicago Public Schools agreed to make annual required contributions, when the CTPF fell below a 90% funding level as determined at June 30 of every year. CPS started making contributions in 2005 because the CTPF fell below 90% and will continue through 2045 to make up the difference. The contributions due to the CTPF by June 30, 2010 is $307 million dollars. The CPS contributed to the CTPF $187 million dollars in 2009 and the $307 million dollars is already in the CPS budget for the 2009-2010 school year. The approximate contribution due by CPS to the CTPF by June 30, 2011 is $526 million dollars! Mayor Daley, Ron Huberman and the Chicago Public Schools, stop crying about paying us our money! You wanted the tax levy in 1995 and you got it, now you don't want to live up to your responsibilities! Pay the CTPF our $1.5 billion dollars that you received from 1995-2004, minus what you have paid us since 2005, give the tax levy back to the CTPF and SHUT UP!

  • In reply to chijas:

    I think Huberman's memo says that that's precisely what he is trying to do under impossible circumstances. The rhetoric of the teacher controlled retirement board notwithstanding, CPS did not run off with a pension tax levy (it was never the pension funds to begin with, it was always a CPS tax levy). It went into extremely generous wages and benefits for teachers and principals, including pretty pricey retirement incentives (like hundreds of thousands of dollars in sick leave payout, pension enhancement programs etc.)

    Nobody's trying to take your pension away for God sake and there is no danger of that. But the current system is unsustainable. Fearmongering of unions and pensioners and others with vested interests in a currently system is irresponsible. Take your head out the sand adn think constructively.

  • In reply to DebateMan:

    The average CTPF pension in 2008 was $36,000 - hardly a Cadillac plan.

    Somehow I don't get the feeling Mr. Huberman is fighting as hard for teacher pensions as he fought for his own extravagant pension benefits.

  • In reply to AlexanderRusso:

    Let's be intellectually honest here. . . averaging every pension does not tell the real story. A guaranteed 75% of the average of your 4 highest years (that increases every year with a COLA) is a damn good pension.

  • In reply to AlexanderRusso:

    Why oh why does Huberman or really, any human being, need a driver? He is not president of the United States. He is perfectly capable of driving himself to wherever he might need to go. My husband is a teacher and I am home full time with our young children. We cannot afford a car and a mortgage on his salary. So we chose the mortgage (on a teeny tiny condo) and gave up the car. Why should Huberman have a driver and a huge salary and two cars when an ACTUAL teacher can't even afford to own ONE car?

  • In reply to chijas:

    I am, the questions is will CPS? We ask for the tax levy back and CPS would not have t pay this money and Ron Huberman laughed in our faces!

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