A tentative deal reached late on Monday between the Chicago Public Schools and its teachers union averted a strike that had been scheduled for Tuesday but the impact on the district's already-shaky finances was uncertain.Chicago Mayor Rahm Emanuel, who controls the nation's third-largest public school system, agreed to pour more surplus revenue from city development districts into the CPS budget. But it is not clear if the increase to $88 million would be sufficient to fund initial contract terms. The district had included $32.5 million in its current budget.

Read more on the story here

#Chicago #Teachers #Strike #RahmEmanuel