Alicia Nicole Oct 25, 2012

Chicago Teachers Contract Approved

Chicago Teachers Strike

Chicago’s school board Wednesday approved the teachers contract reached after a seven-day strike last month, but delayed a vote on budget amendments needed to pay for the deal.

According to district reports, the three-year contract, already ratified by the Chicago Teachers Union, will cost the district an average of $74 million per year. To accommodate that, the district plans a number of financial moves, including refinancing bonds and selling buildings and vacant land.

Board members also approved a three-year contract with a $250,000 base salary for Barbara Byrd-Bennett, who was named the district’s chief executive officer this month after the departure of Jean-Claude Brizard.

The board, however, could not vote on an amended budget because it neglected to publicize public hearings five days in advance, as required, instead doing so only four days in advance, said Chief Administrative Officer Tim Cawley.

The board plans to vote on the budget November 14 after two public hearings on the spending plan.

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