Community radio stations typically cover a small geographical area with a coverage radius of up to 5km and run on a not-for-profit basis. They can cater for whole communities or for different areas of interest. Community radio stations reflect a diverse mix of cultures and interests. But rather than ‘talk at‘ its community, the station should become a central part of it.
The school system tapped borrowed money to make a $634 million, state-mandated fiscal 2015 payment to the Chicago Teachers‘ Pension Fund by a June 30 deadline. It also announced $200 million in spending cuts last month that include the elimination of 1,400 jobs.
Talks with the retirement fund over giving the district a $500 million break on its fiscal 2016 pension payment ended without a deal.