Illinois Governor Bruce Rauner signed a series of stopgap budget bills to ensure schools open in the fall and fund state services for the next six months.
Two CPS-related bills were also signed into law: a $215 million pension pickup for the Chicago teachers’ pension fund, and a bill that allows Chicago to raise property taxes earmarked for teacher pension.
While the budget was a bipartisan effort, not all lawmakers voted for it and some are furious the temporary spending plan just kicks the can down the road.
“We will continue to spend $33 million a day more than we bring in. It’s just math. Understand that we will continue to deficit spend,” said State Rep. Jack Franks (D-Woodstock).