(Town Hall) For all of the panicky rhetoric coming out of Chicago, one would think the school district is on the verge of financial collapse.

Indeed, the Chicago Tribune recently published an editorial announcing that the financial emergency for CPS has arrived.

That may very well be, but one would never know it from the proposed increase in spending of nearly 10 percent.

Chicago Public Schools recently released a proposed budget of $5.6 billion for the 2013-14 school year. That’s up from $5.1 billion the previous year.

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