WEBVTT 00:09.366 --> 00:16.233 align:start position:10% line:74% size:77.5% JUST BEFORE THE MILD NIGHT HOUR 00:13.066 --> 00:16.633 align:start position:10% line:74% size:62.5% THEY CAME TO AN AGREEMENT 00:14.233 --> 00:17.466 align:start position:10% line:74% size:67.5% KECHING THE TEACHERS IN THE 00:16.233 --> 00:19.333 align:start position:10% line:74% size:25% CLASSROOM. 00:16.633 --> 00:20.800 align:start position:10% line:74% size:62.5% BRANDIS FRIEDMAN HAS BEEN 00:17.466 --> 00:22.000 align:start position:10% line:74% size:77.5% FOLLOWING THE STORY AND WHAT IS 00:19.333 --> 00:24.733 align:start position:10% line:74% size:40% IN THE CONTRACT? 00:20.800 --> 00:25.500 align:start position:10% line:74% size:70% >> THERE WERE COMPROMISES ON 00:22.000 --> 00:27.066 align:start position:10% line:74% size:72.5% BOTH SIDES SOME MIGHT SAY THE 00:24.733 --> 00:29.533 align:start position:10% line:74% size:72.5% TEACHERS' UNION MAY HAVE COME 00:25.500 --> 00:32.033 align:start position:10% line:74% size:42.5% OUT WITH AN EDGE. 00:27.066 --> 00:34.466 align:start position:10% line:74% size:75% THE NEW CONTRACT IS BACK DATED 00:29.533 --> 00:37.100 align:start position:10% line:74% size:80% TO JULY OF LAST YEAR AND IT ENDS 00:32.033 --> 00:38.533 align:start position:10% line:74% size:32.5% IN JUNE 2019. 00:34.466 --> 00:40.766 align:start position:10% line:74% size:80% TEACHERS WILL GET TO KEEP THE 7% 00:37.100 --> 00:42.700 align:start position:10% line:74% size:80% PENSION PICK UP BUT NEW TEACHERS 00:38.533 --> 00:44.633 align:start position:10% line:74% size:72.5% HIRED AFTER THE FIRST OF 2017 00:40.766 --> 00:45.966 align:start position:10% line:74% size:55% WILL HAVE TO MAKE THAT 00:42.700 --> 00:49.300 align:start position:10% line:74% size:75% CONTRIBUTION FOR A TOTAL OF 9% 00:44.633 --> 00:50.866 align:start position:10% line:74% size:62.5% COMING FROM THE TEACHERS. 00:45.966 --> 00:54.000 align:start position:10% line:74% size:80% BUT THE TEACHERS WILL GET A 3.5% 00:49.300 --> 00:57.133 align:start position:10% line:74% size:72.5% SALARY INCREASE OVER THE BASE 00:50.866 --> 00:58.733 align:start position:10% line:74% size:72.5% SALARY IN JANUARY AND 3.5% IN 00:54.000 --> 01:00.100 align:start position:10% line:74% size:62.5% JEWEL OFFSETTING THAT 7%. 00:57.133 --> 01:02.200 align:start position:10% line:74% size:75% TEACHERS DID GET INCREASES FOR 00:58.733 --> 01:04.033 align:start position:10% line:74% size:72.5% EDUCATION AND SENIORITY STEPS 01:00.100 --> 01:07.400 align:start position:10% line:74% size:25% AND LANES. 01:02.200 --> 01:09.633 align:start position:10% line:74% size:75% RESTORED AND GOING FORWARD AND 01:04.033 --> 01:12.933 align:start position:10% line:74% size:62.5% IN FISCAL YEARS 2018-2019 01:07.400 --> 01:14.900 align:start position:10% line:74% size:77.5% TEACHERS RECEIVE COST OF LIVING 01:09.633 --> 01:17.433 align:start position:10% line:74% size:52.5% RAISES OF 2 AND 2.5%. 01:12.933 --> 01:20.566 align:start position:10% line:74% size:70% THOUGH MANY OF THE OFFICIALS 01:14.900 --> 01:23.066 align:start position:10% line:74% size:80% WERE UP LATE LAST NIGHT WRAPPING 01:17.433 --> 01:25.266 align:start position:10% line:74% size:72.5% THE DEAL UP WE CAUGHT UP WITH 01:20.566 --> 01:26.966 align:start position:10% line:74% size:80% JESSE SHARKEY WHO SAID THE UNION 01:23.066 --> 01:27.933 align:start position:10% line:74% size:80% SHOULD NOT HAVE HAD TO COME THIS 01:25.266 --> 01:31.133 align:start position:10% line:74% size:70% CLOSE TO A STRIKE TO GET THE 01:26.966 --> 01:32.833 align:start position:10% line:74% size:25% DEAL MADE. 01:27.933 --> 01:34.633 align:start position:10% line:74% size:70% >> PARENTS AND TEACHERS WERE 01:31.133 --> 01:36.900 align:start position:10% line:74% size:60% ARTICULATE WE SHOULD NOT 01:32.833 --> 01:38.733 align:start position:10% line:74% size:70% BEHOLDING POCKETS OF MONEYER 01:34.633 --> 01:40.133 align:start position:10% line:74% size:60% MARKED FOR DEVELOPERS IF 01:36.900 --> 01:42.300 align:start position:10% line:74% size:75% EDUCATION IS A PRIORITY MOVING 01:38.733 --> 01:45.333 align:start position:10% line:74% size:80% THAT MONEY TO THE SCHOOLS AND WE 01:40.133 --> 01:48.500 align:start position:10% line:74% size:70% ARE HAPPY TO SEE THEM DO IT. 01:42.300 --> 01:48.933 align:start position:10% line:74% size:60% I WOULD LIKE TO SEE THEM 01:45.333 --> 01:50.233 align:start position:10% line:74% size:57.5% CONTINUING DO IT AND BE 01:48.500 --> 01:51.466 align:start position:10% line:74% size:30% TRANSPARENT. 01:48.933 --> 01:52.800 align:start position:10% line:74% size:80% THEY PUT IT ON THE WEBSITE ABOUT 01:50.233 --> 01:54.600 align:start position:10% line:74% size:80% WHAT THEY ARE DOING AND HOW THEY 01:51.466 --> 01:56.800 align:start position:10% line:74% size:67.5% ARE SPENDING THAT MONEY AND 01:52.800 --> 01:58.333 align:start position:10% line:74% size:75% COMMITMENT TO LEGISLATION THAT 01:54.600 --> 01:59.566 align:start position:10% line:74% size:75% WOULD FORCE THEM TO KEEP DOING 01:56.800 --> 02:01.566 align:start position:10% line:74% size:52.5% THAT INTO THE FUTURE. 01:58.333 --> 02:02.833 align:start position:10% line:74% size:72.5% >> PARTS OF THE CONTRACT WERE 01:59.566 --> 02:05.200 align:start position:10% line:74% size:75% NOT ABOUT COMPENSATION BUT THE 02:01.566 --> 02:09.466 align:start position:10% line:74% size:57.5% QUALITY OF THE SCHOOLS. 02:02.833 --> 02:11.866 align:start position:10% line:74% size:65% THERE IS A CLAUSE ADDING A 02:05.200 --> 02:13.300 align:start position:10% line:74% size:80% TEACHERS AIDE TO KINDERGARTEN-2. 02:09.466 --> 02:14.933 align:start position:10% line:74% size:77.5% SOME OF THESE ARE NOT STRIKABLE 02:11.866 --> 02:16.933 align:start position:10% line:74% size:57.5% DIFFERENCES AND A LABOR 02:13.300 --> 02:18.933 align:start position:10% line:74% size:80% EDUCATION PROFESSOR EXPLAINS THE 02:14.933 --> 02:19.333 align:start position:10% line:74% size:77.5% UNION USED THE CONTRACT TO MAKE 02:16.933 --> 02:22.133 align:start position:10% line:74% size:72.5% CHANGES MADE BY THE POLITICAL 02:18.933 --> 02:25.633 align:start position:10% line:74% size:20% PROCESS. 02:19.333 --> 02:27.166 align:start position:10% line:74% size:80% >> YOU WOULD NORMALLY THINK OF A 02:22.133 --> 02:29.500 align:start position:10% line:74% size:80% LEGISLATURE OR CITY COUNCIL AS A 02:25.633 --> 02:31.700 align:start position:10% line:74% size:65% MECHANISM FOR PUTTING MORE 02:27.166 --> 02:33.500 align:start position:10% line:74% size:77.5% FUNDING INTO A SYSTEM THEY NEED 02:29.500 --> 02:35.566 align:start position:10% line:74% size:67.5% THE MONEY BUT THEY USED THE 02:31.700 --> 02:36.433 align:start position:10% line:74% size:80% COLLECTIVE BARGAINING PROCESS TO 02:33.500 --> 02:38.366 align:start position:10% line:74% size:80% FIND $88 MILLION WITHOUT RAISING 02:35.566 --> 02:41.166 align:start position:10% line:74% size:37.5% PROPERTY TAXES. 02:36.433 --> 02:42.266 align:start position:10% line:74% size:72.5% THAT IS A CREATIVE USE OF THE 02:38.366 --> 02:44.600 align:start position:10% line:74% size:67.5% PROCESS THAT THEY SHOULD BE 02:41.166 --> 02:47.600 align:start position:10% line:74% size:40% COMPLIMENTED ON. 02:42.266 --> 02:50.133 align:start position:10% line:74% size:72.5% AND THIS CONTRACT LANGUAGE OR 02:44.600 --> 02:52.600 align:start position:10% line:74% size:72.5% THE SIDE LETTERS THAT ADDRESS 02:47.600 --> 02:52.900 align:start position:10% line:74% size:50% SCHOOL CLOSINGS, AND 02:50.133 --> 02:54.300 align:start position:10% line:74% size:67.5% PARTICULARLY CHARTER SCHOOL 02:52.600 --> 02:55.166 align:start position:10% line:74% size:12.5% CAPS. 02:52.900 --> 02:57.566 align:start position:10% line:74% size:75% >> AND THE DISTRICT MADE GAINS 02:54.300 --> 03:00.366 align:start position:10% line:74% size:20% AS WELL. 02:55.166 --> 03:02.500 align:start position:10% line:74% size:67.5% THE PENSION PICK UP WILL BE 02:57.566 --> 03:05.000 align:start position:10% line:74% size:75% PHASED OUT BUT OVER MORE TIME. 03:00.366 --> 03:06.600 align:start position:10% line:74% size:80% AND THE BOARD WANTED A FOUR-YEAR 03:02.500 --> 03:07.566 align:start position:10% line:74% size:65% CONTRACT WHICH THIS IS AND 03:05.000 --> 03:09.466 align:start position:10% line:74% size:60% TEACHERS DID AGREE TO AN 03:06.600 --> 03:11.033 align:start position:10% line:74% size:55% INCREASE IN HEALTHCARE 03:07.566 --> 03:12.700 align:start position:10% line:74% size:77.5% CONTRIBUTIONS AND IT COULD SAVE 03:09.466 --> 03:14.900 align:start position:10% line:74% size:62.5% THE DISTRICT $58 MILLION. 03:11.033 --> 03:16.300 align:start position:10% line:74% size:57.5% >> YOU SAID SOME PEOPLE 03:12.700 --> 03:18.133 align:start position:10% line:74% size:77.5% PERCEIVED THAT THE UNION GOTTEN 03:14.900 --> 03:18.900 align:start position:10% line:74% size:60% AN EDGE IN THE CONTRACT. 03:16.300 --> 03:21.000 align:start position:10% line:74% size:75% HOW MUCH IS THIS GOING TO COST 03:18.133 --> 03:25.966 align:start position:10% line:74% size:32.5% THE DISTRICT? 03:18.900 --> 03:29.600 align:start position:10% line:74% size:60% >> THAT IS THE QUESTION. 03:21.000 --> 03:31.000 align:start position:10% line:74% size:72.5% SO THOUGH THERE IS A CONTRACT 03:25.966 --> 03:33.066 align:start position:10% line:74% size:77.5% CPS IS NOT OUT OF THE WOODS THE 03:29.600 --> 03:33.600 align:start position:10% line:74% size:62.5% DISTRECT WOULD HAVE SAVED 03:31.000 --> 03:35.366 align:start position:10% line:74% size:77.5% MILLIONS ON THE 7% PENSION PICK 03:33.066 --> 03:39.166 align:start position:10% line:74% size:7.5% UP. 03:33.600 --> 03:40.700 align:start position:10% line:74% size:75% THE DISTRICT WILL BE RECEIVING 03:35.366 --> 03:43.433 align:start position:10% line:74% size:77.5% 88 MILLION FROM THE TIF SURPLUS 03:39.166 --> 03:44.566 align:start position:10% line:74% size:75% BUT HOW MUCH MORE DOES IT NEED 03:40.700 --> 03:45.566 align:start position:10% line:74% size:70% TO MEET THE OBLIGATIONS WITH 03:43.433 --> 03:47.300 align:start position:10% line:74% size:10% CPU? 03:44.566 --> 03:49.200 align:start position:10% line:74% size:72.5% >> THE CHICAGO PUBLIC SCHOOLS 03:45.566 --> 03:50.466 align:start position:10% line:74% size:70% ARE IN BIG FINANCIAL TROUBLE 03:47.300 --> 03:52.500 align:start position:10% line:74% size:80% THEY DID NOT BUDGET ANYTHING FOR 03:49.200 --> 03:53.600 align:start position:10% line:74% size:77.5% ADDITIONAL SPENDING AS A RESULT 03:50.466 --> 03:56.033 align:start position:10% line:74% size:80% OF THIS BUDGET THEY HAD BUDGETED 03:52.500 --> 03:58.166 align:start position:10% line:74% size:57.5% $30 MILLION IN SAVINGS. 03:53.600 --> 03:59.533 align:start position:10% line:74% size:70% AND THAT IS A BUDGET THAT IS 03:56.033 --> 04:02.966 align:start position:10% line:74% size:72.5% ALREADY OVERRELIANT ON THINGS 03:58.166 --> 04:05.100 align:start position:10% line:74% size:70% COMING FROM SPRINGFIELD THAT 03:59.533 --> 04:06.766 align:start position:10% line:74% size:75% HAVE NOT BEEN SETTLED LIKE THE 04:02.966 --> 04:08.300 align:start position:10% line:74% size:60% PENSION REFORM L REFORM. 04:05.100 --> 04:10.366 align:start position:10% line:74% size:75% THEY WILL HAVE TO MAKE CHANGES 04:06.766 --> 04:12.200 align:start position:10% line:74% size:80% IN THE NUMBER OF EMPLOYEES ARE 0 04:08.300 --> 04:13.466 align:start position:10% line:74% size:80% THEY WILL HAVE TO GET ADDITIONAL 04:10.366 --> 04:15.500 align:start position:10% line:74% size:77.5% FUNDING FROM THE STATE WHICH IS 04:12.200 --> 04:17.066 align:start position:10% line:74% size:70% PROVEN TO BE VERY DIFFICULT. 04:13.466 --> 04:18.566 align:start position:10% line:74% size:80% IT IS A BIG QUESTION MARK AND WE 04:15.500 --> 04:21.100 align:start position:10% line:74% size:77.5% DON'T KNOW THE FULL CAST OF THE 04:17.066 --> 04:29.466 align:start position:10% line:74% size:32.5% CONTRACT YET. 04:18.566 --> 04:29.466 align:start position:10% line:79.33% size:75% >> AND IN A STATEMENT FROM CPS 04:21.100 --> 04:29.466 align:start position:10% line:84.67% size:75% THE SPOKESPERSON SAID QUOTE... 04:38.433 --> 04:44.033 align:start position:10% line:74% size:80% AND MORE SPECIFIC DETAILS OF THE 04:41.133 --> 04:45.166 align:start position:10% line:74% size:72.5% CONTRACT ARE AVAILABLE ON THE 04:42.466 --> 04:46.233 align:start position:10% line:74% size:60% WEBSITE AND IT HAS TO BE