Welcome to the Reader‘s morning briefing for Friday, May 19, 2017. Have a great weekend!
Emanuel to reveal his plan for raising $129 million for CPS Friday
Mayor Rahm Emanuel will reveal his plans to fill Chicago Public Schools’ $129 million budget gap to the City Council on Friday. “After a lot of hard work by the CPS and city financial teams, and many discussions with their lending partners, tomorrow we will brief aldermen on the district’s finances and the financial plan for the remainder of the CPS fiscal year,” said mayoral spokesman Adam Collins. DNAinfo reports that, according to a City Hall source, the schools won’t face any further budget cuts, but neither will there be any new taxes. [DNAinfo Chicago]
