Trending...
- New Article by Roy J. Meidinger – Examines Hidden Hidden Healthcare Kickbacks
- Medcor Expands Telemedicine Access with Telecare Anywhere
- 'Wild Hermit Wellness' Has Achieved Bestseller Status in Just 2 Months Since Launch Of Organic Skincare Line
CHICAGO ~ In a recent editorial published in the Chicago Tribune, Alderman Jason Ervin, Chair of the City Council Budget Committee, called on members of the Chicago Board of Education to honor their commitment to pay Chicago Public Schools' portion of the MEABF pension payment.
Ervin highlighted that for the past five years, CPS has consistently made their portion of the pension payment. Last year, in a show of good faith and partnership with the school district, Mayor Brandon Johnson reduced CPS' payment from almost $300 million to $175 million.
However, Ervin expressed concern over recent statements made by Board President Miguel del Valle and Chief Financial Officer Pedro Martinez regarding this year's pension payment. Del Valle and Martinez have argued that CPS has no legal obligation to make this payment.
More on illi News
Ervin clarified that no member of the City Council disputes this fact. The issue at hand is that when appropriating a large surplus last year, council members were operating under the understanding that CPS would fulfill its commitment to make the pension payment. By not doing so, CPS is putting over $300 million in potential surplus for next year at risk.
The alderman also pointed out that if CPS does not make this payment, it could result in an increase in taxes for Chicago residents. He criticized Martinez for shifting responsibility onto taxpayers instead of finding a comprehensive solution.
Ervin emphasized the need for a productive working partnership between the City Council and CPS to improve schools rather than engaging in a political showdown. He urged both parties to work together towards finding a solution that benefits all stakeholders involved.
The full editorial can be read at this link. As Chair of the City Council Budget Committee, Alderman Ervin's words carry weight and serve as a reminder to all involved parties to honor their commitments and work towards a common goal for the betterment of Chicago's schools.
Ervin highlighted that for the past five years, CPS has consistently made their portion of the pension payment. Last year, in a show of good faith and partnership with the school district, Mayor Brandon Johnson reduced CPS' payment from almost $300 million to $175 million.
However, Ervin expressed concern over recent statements made by Board President Miguel del Valle and Chief Financial Officer Pedro Martinez regarding this year's pension payment. Del Valle and Martinez have argued that CPS has no legal obligation to make this payment.
More on illi News
- Chicago: Weekend Recap: Mayor Brandon Johnson Attends South Side Town Hall, Meets With Baltimore Mayor To Discuss Community Safety Strategies, Goes Viral Again
- Precision Adult Care Unveils Essential Guidelines for Choosing a Senior Home Care Company
- Isringhausen BMW Launches "Driven by Warmth" Coat & Boot Drive to Benefit Contact Ministries
- Postmortem Pathology Delivers Expert Private Autopsy Services with Compassion and Precision
- Colorado Families Turn to Private Autopsies for Peace of Mind
Ervin clarified that no member of the City Council disputes this fact. The issue at hand is that when appropriating a large surplus last year, council members were operating under the understanding that CPS would fulfill its commitment to make the pension payment. By not doing so, CPS is putting over $300 million in potential surplus for next year at risk.
The alderman also pointed out that if CPS does not make this payment, it could result in an increase in taxes for Chicago residents. He criticized Martinez for shifting responsibility onto taxpayers instead of finding a comprehensive solution.
Ervin emphasized the need for a productive working partnership between the City Council and CPS to improve schools rather than engaging in a political showdown. He urged both parties to work together towards finding a solution that benefits all stakeholders involved.
The full editorial can be read at this link. As Chair of the City Council Budget Committee, Alderman Ervin's words carry weight and serve as a reminder to all involved parties to honor their commitments and work towards a common goal for the betterment of Chicago's schools.
0 Comments
Latest on illi News
- Bitcoin at $115K: AZETHIO Launches Exchange Targeting Institutional Compliance Requirements
- Tech gains propel Dow Jones past 47,000 as markets reach record highs amid trade tensions
- Edu Alliance Group Launches the Center for College Partnerships and Alliances
- Three Cord True Wealth Management Unveils New Website for Better Client Communication
- Generation Own: Why Young Americans Are Skipping Corporate Careers to Buy Million-Dollar Businesses
- Dongsheng's Titanium Recycling Business Enters Aerospace Sector by 2025
- Crowdfunding Campaign Tips Off for 'NAWFSIDE' Short Film Highlighting Pressure in Youth Sports
- Icarus IFE Systems Launches the Icarus One Portable Inflight Entertainment System — The World's Most Advanced Offline AI-Driven IFE Platform
- AEI Stands Firmly with Pakistani Aircraft Engineers facing retaliation for reporting safety concerns
- Literary fiction novel- 'Skylark' wins Bronze Medal
- Kaltra unveils reversible microchannel coils – engineered for modern heat pumps
- Phinge Announces Proposal to Combat Billions in Government Waste, Fraud, and Abuse with Proactive, Hardware-Verified Netverse App-Less Platform
- Digi 995 Universe expands with the Launch of Digi 995: Tile Match
- Taboo: The Lost Codes of Men — A Bold New Book Confronting the Crisis of Modern Manhood
- Phinge's Netverse to Redefine Clinical Trial Safety and Data Integrity with Netverse Patented, Hardware-Verified Platform
- Art Fair Success-See Behind The Scenes With New Photo Album
- 'Wild Hermit Wellness' Has Achieved Bestseller Status in Just 2 Months Since Launch Of Organic Skincare Line
- Easton & Easton, LLP Sues The Dwelling Place Anaheim and Vineyard USA for Failing to Protect Minor from Church Leaders' Sexual Abuse
- Chicago: Mayor Brandon Johnson Stands With Congressional Leaders, Meets With Residents About Ongoing ICE Raids
- Predatory Refinancing: How Desperate Homeowners Are Tricked Into Losing Their Equity