Before the board voted, Chicago Public Schools Acting Chief Financial Officer Wally Stock said CPS ended fiscal year 2025 with a negative cash flow of $339 million, or $485 million worse than fiscal year 2024. #taxes #cps
The median home value of $150,000 now comes with a crushing $4,800 tax bill—far surpassing the burdens faced by homeowners in neighboring Calumet City ($3,500) and Lansing ($4,000). #burnham