Education ❯ Public Education ❯ Chicago Public Schools

Budgeting

Funding Issues Financial Crisis State Funding Fiscal Policy Tax Increment Financing Budget Shortfall Financial Management Teacher Advocacy Financial Challenges Deficits Teacher Unions Layoffs School Year Start School Funding School Closures Deficit Management

Chicago Board Passes Budget That Counts on $150 Million in Unapproved State Aid

The move avoids nearly 1,600 planned layoffs and leaves the district seeking short-term, tax-backed loans while the state funding remains unsettled.

Pritzker Rejects Extra State Funds as CPS Budget Hangs on One Vote

Chicago Public Schools Opens Year Without Approved Budget

Chicago Public Schools Faces $734M Deficit as Adequacy Falls to 73%

Chicago Public Schools Faces $734 Million Deficit as Lawmakers Offer No Immediate Aid

Chicago Public Schools Previews Major Service Reductions as Budget Deadline Nears

Chicago Public Schools Battles $734 Million Deficit With Staff Cuts and Funding Push

Chicago Public Schools Confronts $529 Million Deficit Before Board Meeting