Cps finance value investors see this as a potential

Value investors see this as a potential buying opportunity before the next earnings catalysts hit in early Q The plan then, such as it is, is to continue to put the onus on the state to bail out a school system where a third of the schools are operating at less than 50% student capacity and where some of the highest-paid public school teachers in the land — taking advantage of a hopelessly compromised mayor — just a few months ago won 4% yearly pay raises over four years as a baseline. For many teachers, the raises will be far higher, with so-called step increases substantially inflating the sum to be charged to taxpayers. The district has assumed this year that it will receive $379 million in TIF surplus, or $79 million more than last year, when Johnson surplused a record amount of these city dollars. The exact amount of how much will be surplused won’t be made public until Johnson presents his budget plan later this fall.