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Budget & finance

The district is adjusting bell times and creating transportation hubs in order to provide busing to more students.

The budget plan, which closed a $505 million deficit, faced pushback from school communities, the teachers union, and even the mayor’s office.

Critics urge the district to push for more funding — and more spending — rather than cuts.

In its budget proposal, Chicago Public Schools is giving charters a slight funding boost overall, although some could still get funding cuts.

District leadership has balked at the idea, saying a loan ‘only shifts the problem’ to future years.

The proposed $9.9 billion CPS budget faces several pressures, from union negotiations to the end of federal COVID aid.

A research brief from the Center for Tax and Budget Accountability said Illinois districts could be in a pinch with the state projecting less revenue from a tax on corporate profits.

Facing budget deficit, Chicago vows to guarantee pay for laid-off workers

The Chicago Teachers Union is proposing adding 'newcomer liaisons’ at schools enrolling students arriving from other countries. But the district is facing a budget deficit that could limit hiring.

Chicago Public Schools’ new funding formula provides set staffing at every school. But a Chalkbeat analysis of new documents and files indicate many schools are facing reductions.

Chicago Public Schools has a new formula for funding its schools. Some are seeing boosts, while others will be working with tighter budgets.

Chicago Public Schools CEO Pedro Martinez said the district’s new budget formula is an “important milestone.” But at some schools, parent and educator concerns are starting to percolate.

The information shared by officials provided more details about the district's switch to a new position-based budget formula next school year.

Every school will have certain guaranteed staff, including an assistant principal, a counselor, and core classroom teachers, under a new funding formula officials plan to use starting next school year.

Gov. J.B. Pritzker said his plan to increase early education spending would put the state on track to have universal pre-K by 2027.

As federal COVID funds run out, the district is grappling with how to pay for universal preschool going forward.

Illinois superintendent’s budget proposal falls short of what advocates want.

With COVID relief funds set to end and modest increases in local revenue, the Illinois education budget likely won’t see major increases in the upcoming years.