Morning Watch - September 28
Sep 28, 2012
Credit Woes: Moody's Investor Service lowered the Chicago Public School's credit rating...again, reports the Chicago Sun-Times.
Pricey Probe: The cost of the investigation into the 2004 death of David Koschman has hit $366,000, reports the Chicago Sun-Times. The amount covers fees billed by Special prosecutor Dan K. Webb for his first 99 days of work on the investigation. Webb was appointed in April to probe how Koschman died – and whether police and prosecutors rigged the case to ensure the alleged assailant, a nephew of then-Mayor Richard M. Daley, wouldn’t face criminal charges.
Fire and Police Unions Blast IG Budget: Chicago's fire and police unions took serious issue with the Inspector General's $1.2 billion cost-cutting budget ideas, the Chicago Sun-Times reports. The budget calls for, among other things, converting 20-percent of all fire engines and trucks to ambulances and supplementing the Fire Prevention Bureau staff with civilians.
Sad State: A new poll revealed that the majority of IL residents believe corruption is rampant in both state government and business, reports Crain's Chicago Business.
Make-up Days: Most CPS students will have a slightly longer school year and a shorter winter break....they have to make up the seven days they lost during the Chicago Teachers Union strike. Read all about it in the Chicago Tribune.