CHICAGO (CBS) — A day after the Illinois State Board of Education launched a financial probe of the Chicago Public Schools, Gov. Bruce Rauner said he believes state lawmakers eventually will give him power to take control of the Chicago school system.
On Thursday, ISBE asked CPS to turn over a massive amount of monetary data by the first week of March – including information about bonds, cash flow, payroll and contracts.
On Friday, Rauner said the state investigation of CPS finances will highlight “financial mismanagement, patronage, too much bureaucracy, misappropriation of funds, not paying into the pensions; just mismanagement, and we’ve got to fix that.”
The governor said the way to fix the district’s budget woes it is a state takeover of the school system, something the Illinois General Assembly has not authorized.
“If Chicago Public Schools continues just to say ‘Send cash, we’re out of money, we’re going to have to fire thousands of teachers,’ I think the legislature will say, ‘No, that’s not a good scenario. We should have the state Board of Education take over.’ I believe that’s very likely,” he said.