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to the school district, which included 9% salary increases and the hiring of additional staff, but district budget chief Mike Sitkowski said granting even just 52 of the proposals would spike the projected $509 million deficit for the next fiscal year to $3 billion and reach $4 billion by 2030.
To pay for the additional costs, the union recommended that the school district raise more money by increasing taxes and suing banks for what union officials say has been predatory lending involving the school district. The union also suggested trying to find more federal tax dollars and taxing tech companies for “profiting off our students’ and families’ private data.”
Union officials did not directly address the costs of their proposals, with Chicago Teachers Union Vice President Jackson Potter saying that mentioning the deficit “sends the message that you can’t meet any of our recommendations,” and President Stacy Davis Gates adding that “the price tag is opportunity for black children, immigrant children, and Latine children.”
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