Mayor Rahm Emanuel giving a speech in September Credit: AP Photo/Charles Rex Arbogast

Welcome to the Reader‘s morning briefing for Wednesday, October 1012016.

  • Weather: Rain and/or a thunderstorm likely

Don’t forget an umbrella Wednesday, because there’s a decent chance of rain and/or thunderstorms throughout the day and evening. Temperatures could reach as high as 70, but it will grow cold overnight, with a low of 46. [AccuWeather]

  • Rahm: “Chicago is back on solid ground”

In his 2017 budget address Tuesday, Mayor Rahm Emanuel emphasized the tough budget decisions he’s made during his time in office and said the city had regained its financial footing because of them. “Five years ago, Chicago was on the financial brink,” he said. “Today, Chicago is back on solid ground.” The new budget includes no tax increases, which Emanuel said weren’t needed now that the city’s pension funds have adequate revenue sources. “For too long Chicago was not honest with taxpayers and employees about the true cost of their pensions, and we allowed that dishonesty to turn into a real financial burden,” the mayor said. [Sun-Times]

  • CTU and CPS reach a last-minute deal to avoid teachers’ strike

The Chicago Teachers Union and Chicago Public Schools officials reached a tentative contract agreement shortly before the midnight Monday deadline. Without a teachers’ strike, students returned to school Tuesday after the long holiday weekend. “This is not a perfect agreement,” CTU president Karen Lewis said. “But it is good for the kids. And good for the clinicians. And good for the teachers, and the paraprofessionals.” DNAinfo Chicago breaks down the details of the deal. [DNAinfo Chicago]

  • Chicago named the third-best city for active living after Boston, San Francisco

Chicago’s walkability, bike paths, parks, and public transit make it the third-best city for active living in the U.S., according to a report by Gallup and wellness company Healthways. Only Boston and San Francisco beat out Chicago’s health-friendly environment. “If you have the bike paths, if you can do what you want to do with your life easily by walking around as opposed to having to get into a car, if you have a lot of green space . . . these are things that are going to improve your probability of success,” Dan Witters, the report’s research director told the Tribune. [Tribune]

  • A LED light show is in the works for the 606 Trail

There’s a campaign to fund a LED light show on the 606 Trail at the Milwaukee Avenue bridge. Designed by the same artists behind light shows at the Bean, “the light colors would change based on changes to temperature, humidity and wind using data collected from a weather station installed on the trail,” DNAinfo Chicago reported. [DNAinfo Chicago]

  • A management shake-up at Second City

There’s been a shake-up in management at Second City after half of the cast of Second City E.T.C. show A Red Line Runs Through It left because of backstage disagreements and issues with the audience. “I think that this moment of Donald Trump has resulted in a few people feeling more license to shout out crude remarks and behave crudely,” Tyler Alexander, son of Second City owner Andrew Alexander, told the Tribune. Second City Works head Steve Johnston has been promoted to lead all of the company, and Bob Knuth has been named “creative director of marketing and brand”; Tyler Alexander will be taking a sabbatical from the company after working in a senior creative job. [Tribune]