S.B. 5 again, anyone?
The Daily Bellwether blog is the first to report that CPS' poor judgment of anticipated state and federal funding has left a $43 million budget gap for the 2012-2013 fiscal year. $43 million. That's not chump change. You could almost build 1/2 of a streetcar line with that.
Read Bill Sloat's piece here.
So, what do you think CPS will do to solve the funding gap? Yup, you guessed it, come to the taxpayers for still more money.
B.O.H.I.C.A.! (Google that if you're not sure what that means.)