Chicago Public Schools release budget plans while facing $733 million shortfall

More cuts may be ahead for Chicago Public Schools, as early budget plans show the district is facing a budget gap of $732 million next school year.
AOL

CPS faced with tough choices as preliminary budget shows $732M deficit, enrollment drops

Every Chicago Public Schools principal received their budgets for the next school year on Tuesday. With a district facing an almost $1 billion budget deficit, CPS is faced with some tough choices. CPS ...

CPS plans to cut teacher positions, raise class sizes in bid to shrink $732 million deficit

It’s not yet clear how many teaching positions might be lost, though a WBEZ/Sun-Times analysis estimates it could be more than 700. CPS also plans to cut some assistant principal positions, but will ...

Debt burden, pensions burden Chicago Public Schools

The author of a new Civic Federation report says taking on more debt would be a death knell for the stability of Chicago ...

Solutions differ for Chicago Public Schools' potential $1B deficit

(The Center Square) – The Chicago Teachers Union says the city’s public schools could face a $1 billion budget deficit if Gov. J.B. Pritzker and Illinois Democrats don’t provide more funding, but the ...
PBS

CPS Faces $730M Budget Deficit. A Look at the Impact

Chicago Public Schools leaders cite rising pension payments and operating costs. Chicago Public Schools leaders cite rising pension payments and operating costs for worsening the district's finances.