| Dec 5, 2014
| 8:57 AM
The diva sat at the conference table, pen in hand, taking notes and occasionally offering comments on administrative matters and programming ideas. Twelve hours earlier, she'd been elsewhere in the building: on the stage singing one of her signature roles...
| Dec 3, 2014
| 7:16 PM
The Chicago Tribune Media Group's Southtown Star is reporting that parents and teachers are trying to raise money for Darlene Sheahan, a Chicago Public Schools teacher whose home in the Morgan Park neighborhood was destroyed Tuesday in a natural gas...
| Nov 7, 2014
| 3:42 AM
Chicago Public Schools' spending is financed by taxpayer dollars, but it took months of effort by Tribune reporters and attorneys to obtain details about the district's borrowing history and how much it spends in interest on its massive debts.
| Nov 21, 2014
| 9:37 AM
Chicago Public Schools officials and a high-powered group of suburban educators are pleading with state officials to put the brakes on a tough new standardized test that Illinois students are scheduled to take this spring. Some schools say they don't have...
| Nov 19, 2014
| 5:46 PM
The Chicago City Council’s Education and Child Development Committee will hold a hearing to examine Chicago Public Schools’ borrowing practices, committee chair Ald. Latasha Thomas said Wednesday.
Eight aldermen signed a resolution calling...
| Nov 19, 2014
| 3:02 AM
As the Chicago City Council prepares to approve his latest budget Wednesday, Mayor Rahm Emanuel repeatedly has reminded voters that he didn't raise city property taxes during his first four years in office.
But that doesn't mean homeowners haven't had...
| Nov 17, 2014
| 4:20 PM
John J. Lanigan represented Chicago's Southwest Side in the state Senate for two terms before serving as an Illinois savings and loan commissioner and 17 years on the Illinois State Board of Elections.
A fiscal conservative, Mr. Lanigan was a forceful...
| Nov 12, 2014
| 4:52 PM
Mayor Rahm Emanuel said Wednesday that it's too late to try to recoup any of the money from burdensome interest payments that Chicago Public Schools made after issuing risky auction-rate bonds.
"There's a thing called a contract," he said.
| Nov 12, 2014
| 3:49 PM
In recent years Chicago Public Schools joined the rest of the country in getting scorched by the Great Recession. It looks like the district got outplayed by its bankers too. "Borrowing Trouble," a three-part series by the Tribune's Jason Grotto and...
| Nov 11, 2014
| 12:56 PM
Two years ago Chicago Public Schools officials and Mayor Rahm Emanuel claimed they had to close more than 100 schools to save money. It turns out that the costs of the closings, along with the installation of countless Safe Passage routes to protect...
| Nov 10, 2014
| 4:13 AM
As investors across the country grew disenchanted with the risky auction-rate bond market in summer 2007, Bank of America officials became concerned that more trouble might lie ahead.
Auction-rate securities had been richly rewarding for BofA and...