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Union leader says schools has fake fiscal crisis
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CHICAGO (AP) — The Chicago Teachers Union says an audited budget for the last school year showing an extra $344 million indicates the city's school district has manufactured a fiscal crisis. However, Chicago Public Schools officials say the money is budgeted for the current school year. They say the money appears on last year's books thanks to Cook County sending out property tax bills on time for a change. The Chicago Sun-Times reports (http://bit.ly/WtLGyL) union president Karen Lewis contends the school district always understates revenue while over-projecting spending. She says months after the budget is drafted, the final audited versions typically show a smaller financial hole. CPS spokeswoman Becky Carroll says the $344 million turned up because of early payments by the state and county governments. The district projects a $700 million deficit. 
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Today is Saturday, May 25, the 145th day of 2013. There are 220 days left in the year.
1863 -- 150 years ago: The annual review of the fire department of this city took placeyesterday and made a fine showing with machines and hose carts in tip-top order.
1888 -- 125 years ago: Last night's prayer meeting at Central Presbyterian Church wascalled off due to water in the basement, residue of last week's flood.
1913 -- 100 years ago: The junior class of Rock Island High School will hold a riverexcursion on the steamer St. Paul next Tuesday.
1938 -- 75 years ago: The 75th Anniversary of the Rock Island Arsenal today finds thenation's largest ordinance manufacturing plant filling many important orders for the army.
1963 -- 50 years ago: Miss Patrice Daly, Rock Island, a senior at Rock Island HighSchool, won second place in the recent state public speaking contest held in Peoria underthe auspices of the Knights of Pythias.
1988 -- 25 years ago: Hampton's sesquicentennial committee and the Hampton HistoricalSociety have scheduled a full slate of activities, which will be held throughout the year, to celebrate the village's 150th birthday. The first celebration will be the Memorial Dayprogram at 10 a.m. May 30, at the Brettun and Black Store Museum on River Road. Therewill be a sesquicentennial display.
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