[The_Media_never_lie]

Wonder if one looked at CPS management, if one would find an “cheating” of the children in the form of wasteful mismanagement of school district funds, over priced school executives, etc.?

[The_Media_never_lie]

Answering my own question, it seems CPS has been poorly managed for years.

Chicago's schools are running out of cash after drawing down reserves and shortchanging pensions for years, which caused its annual payment to soar. The district has relied on borrowing to help cover budget shortfalls, making it crucial to maintain access to the municipal bond market. On Jan. 29, Moody's Investors Service cut the board deeper into junk, citing an "increasingly precarious liquidity position and acute need for market access to support ongoing operations."

http://www.chicagobusiness.com/article/20160202/NEWS13/160209943/fists-start-flying-over-chicago-schools