JUST BEFORE THE MILD NIGHT HOUR

THEY CAME TO AN AGREEMENT

KECHING THE TEACHERS IN THE

CLASSROOM.

BRANDIS FRIEDMAN HAS BEEN

FOLLOWING THE STORY AND WHAT IS

IN THE CONTRACT?

>> THERE WERE COMPROMISES ON

BOTH SIDES SOME MIGHT SAY THE

TEACHERS' UNION MAY HAVE COME

OUT WITH AN EDGE.

THE NEW CONTRACT IS BACK DATED

TO JULY OF LAST YEAR AND IT ENDS

IN JUNE 2019.

TEACHERS WILL GET TO KEEP THE 7%

PENSION PICK UP BUT NEW TEACHERS

HIRED AFTER THE FIRST OF 2017

WILL HAVE TO MAKE THAT

CONTRIBUTION FOR A TOTAL OF 9%

COMING FROM THE TEACHERS.

BUT THE TEACHERS WILL GET A 3.5%

SALARY INCREASE OVER THE BASE

SALARY IN JANUARY AND 3.5% IN

JEWEL OFFSETTING THAT 7%.

TEACHERS DID GET INCREASES FOR

EDUCATION AND SENIORITY STEPS

AND LANES.

RESTORED AND GOING FORWARD AND

IN FISCAL YEARS 2018-2019

TEACHERS RECEIVE COST OF LIVING

RAISES OF 2 AND 2.5%.

THOUGH MANY OF THE OFFICIALS

WERE UP LATE LAST NIGHT WRAPPING

THE DEAL UP WE CAUGHT UP WITH

JESSE SHARKEY WHO SAID THE UNION

SHOULD NOT HAVE HAD TO COME THIS

CLOSE TO A STRIKE TO GET THE

DEAL MADE.

>> PARENTS AND TEACHERS WERE

ARTICULATE WE SHOULD NOT

BEHOLDING POCKETS OF MONEYER

MARKED FOR DEVELOPERS IF

EDUCATION IS A PRIORITY MOVING

THAT MONEY TO THE SCHOOLS AND WE

ARE HAPPY TO SEE THEM DO IT.

I WOULD LIKE TO SEE THEM

CONTINUING DO IT AND BE

TRANSPARENT.

THEY PUT IT ON THE WEBSITE ABOUT

WHAT THEY ARE DOING AND HOW THEY

ARE SPENDING THAT MONEY AND

COMMITMENT TO LEGISLATION THAT

WOULD FORCE THEM TO KEEP DOING

THAT INTO THE FUTURE.

>> PARTS OF THE CONTRACT WERE

NOT ABOUT COMPENSATION BUT THE

QUALITY OF THE SCHOOLS.

THERE IS A CLAUSE ADDING A

TEACHERS AIDE TO KINDERGARTEN-2.

SOME OF THESE ARE NOT STRIKABLE

DIFFERENCES AND A LABOR

EDUCATION PROFESSOR EXPLAINS THE

UNION USED THE CONTRACT TO MAKE

CHANGES MADE BY THE POLITICAL

PROCESS.

>> YOU WOULD NORMALLY THINK OF A

LEGISLATURE OR CITY COUNCIL AS A

MECHANISM FOR PUTTING MORE

FUNDING INTO A SYSTEM THEY NEED

THE MONEY BUT THEY USED THE

COLLECTIVE BARGAINING PROCESS TO

FIND $88 MILLION WITHOUT RAISING

PROPERTY TAXES.

THAT IS A CREATIVE USE OF THE

PROCESS THAT THEY SHOULD BE

COMPLIMENTED ON.

AND THIS CONTRACT LANGUAGE OR

THE SIDE LETTERS THAT ADDRESS

SCHOOL CLOSINGS, AND

PARTICULARLY CHARTER SCHOOL

CAPS.

>> AND THE DISTRICT MADE GAINS

AS WELL.

THE PENSION PICK UP WILL BE

PHASED OUT BUT OVER MORE TIME.

AND THE BOARD WANTED A FOUR-YEAR

CONTRACT WHICH THIS IS AND

TEACHERS DID AGREE TO AN

INCREASE IN HEALTHCARE

CONTRIBUTIONS AND IT COULD SAVE

THE DISTRICT $58 MILLION.

>> YOU SAID SOME PEOPLE

PERCEIVED THAT THE UNION GOTTEN

AN EDGE IN THE CONTRACT.

HOW MUCH IS THIS GOING TO COST

THE DISTRICT?

>> THAT IS THE QUESTION.

SO THOUGH THERE IS A CONTRACT

CPS IS NOT OUT OF THE WOODS THE

DISTRECT WOULD HAVE SAVED

MILLIONS ON THE 7% PENSION PICK

UP.

THE DISTRICT WILL BE RECEIVING

88 MILLION FROM THE TIF SURPLUS

BUT HOW MUCH MORE DOES IT NEED

TO MEET THE OBLIGATIONS WITH

CPU?

>> THE CHICAGO PUBLIC SCHOOLS

ARE IN BIG FINANCIAL TROUBLE

THEY DID NOT BUDGET ANYTHING FOR

ADDITIONAL SPENDING AS A RESULT

OF THIS BUDGET THEY HAD BUDGETED

$30 MILLION IN SAVINGS.

AND THAT IS A BUDGET THAT IS

ALREADY OVERRELIANT ON THINGS

COMING FROM SPRINGFIELD THAT

HAVE NOT BEEN SETTLED LIKE THE

PENSION REFORM L REFORM.

THEY WILL HAVE TO MAKE CHANGES

IN THE NUMBER OF EMPLOYEES ARE 0

THEY WILL HAVE TO GET ADDITIONAL

FUNDING FROM THE STATE WHICH IS

PROVEN TO BE VERY DIFFICULT.

IT IS A BIG QUESTION MARK AND WE

DON'T KNOW THE FULL CAST OF THE

CONTRACT YET.

>> AND IN A STATEMENT FROM CPS

THE SPOKESPERSON SAID QUOTE...

AND MORE SPECIFIC DETAILS OF THE

CONTRACT ARE AVAILABLE ON THE

WEBSITE AND IT HAS TO BE