* DNA Info…
Mayor Rahm Emanuel will brief aldermen Friday on how his administration plans to fill the $129 million budget gap facing Chicago schools.
Schools will not see additional cuts this school year, according to a City Hall source.
Nor will the mayor propose any new taxes to fill the massive budget gap because there simply would not be enough time to implement a new tax, the source said.
“After a lot of hard work by the CPS and city financial teams, and many discussions with their lending partners, tomorrow we will brief aldermen on the district’s finances and the financial plan for the remainder of the CPS fiscal year,” said mayoral spokesman Adam Collins.
“Lending partners.” Hmm.
…Adding… Yep. Borrowing…