CPS’ costs for worker compensation have grown 21% in just four years—despite a decrease in student enrollment—with benefit costs up 40% in the same period, the report says. The situation with pensions is particularly bad, the report says, with already-mandated CPS contributions scheduled to quintuple to $266 million a year by fiscal 2015.Only in the public sector could costs go up why the number of students goes down.
Monday, June 26, 2006
Chicago Public Schools Get Failing Remarks
Crain's Chicago Business reports on a new Civic Federation report on the Chicago Public Schools: