Education ❯ Public Schools ❯ Chicago Public Schools

Budgeting

Financial Management Pension Payments Teacher Contracts Budget Approval Deficit Management School Year Preparation Enrollment Issues Funding Issues Tax Increment Financing Deficits Funding for Education Budget Deficit Financial Issues

Chicago Public Schools Open as $732 Million Budget Gap Leaves Many Vacancies

The district must secure uncommitted city or state aid or obtain short-term tax-backed borrowing to avoid midyear cuts and costlier financing

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

CPS Releases Leaner School Budgets, Raises Class Size Targets to Confront $732 Million Gap

Chicago School Board Lifts Property Tax Levy to Legal Cap, Securing About $25 Million

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

Chicago School Board Demands Pension Payment and Loan Option in Budget Plan

CPS Proposes Budget Without Pension Reimbursement or Short-Term Loan

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

Chicago Public Schools Lays Off 161 Staff to Address $730 Million Budget Gap