Report: Business linked to appointee saw CPS boost

A published report says a Chicago Board of Education member appointed by Mayor Rahm Emanuel has stake in companies that've seen a boost in the business they get from city schools.

The Chicago Sun-Times reported Monday that from 2010 until Deborah Quazzo's 2013 appointment, money paid to companies she invested in totaled $930,000. The companies saw an additional $2.9 million in Chicago Public Schools business since the appointment.

Quazzo says she doesn't see a conflict of interest. She says she invests in companies that improve outcomes for children and hasn't concealed her involvement.

Still, the newspaper reports she listed two of five companies on an ethics statement.

CPS spokesman Bill McCaffrey says Quazzo wasn't required to list the others because deals were made with schools, not the entire district.