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Civic Federation says Chicago Public Schools' finances could lead to a credit downgrade
The Civic Federation said dwindling enrollment, rising costs, long-term pension liabilities, and infrastructure needs have left the district on "the financial brink."
Chicago Public Schools faces major fiscal challenges, analysis finds
A new report warned of a dire financial outlook for CPS with mounting budget deficits if significant action isn't taken.
How can Chicago Public Schools pay for a new teachers contract?
As CPS and its teachers union disagree about how much the district can afford, a new report warns of dire fiscal outlook.
Report raises serious concerns about finances of Chicago Public Schools
The Civic Federation’s finance report for the 2025 budget raises serious concerns about how the district will survive in the future. Jermont Terry reports.
4h
After turbulent months, new partially elected CPS school board looks optimistically to 'new era in education'
The new board members took their oaths of office and met for the first time Wednesday, many expressing optimism and hope ...
9h
on MSN
1st elected CPS Board of Education to be sworn in Wednesday; mayor has yet to name 11th appointee
Chicago Public Schools will make history Wednesday by seating the first elected school board. Out of 21 members, 11 are ...
23h
on MSN
Chicago Teachers Union files grievance over wage theft, pressures CPS for contract settlement
Chicago Teachers Union officials filed a grievance with Chicago Public Schools alleging that the district is stealing some ...
WTTW
14h
Mayoral Control of CPS Ends, As Newly Elected School Board Members Take Office Amid Turmoil
The immediate challenges facing the new school board members are enormous: They must ink a new deal with the teachers union, ...
1h
1st elected Chicago Board of Education sworn in as CPS faces budget shortfall
SEE ALSO: 1st elected CPS Board of Education to be sworn in Wednesday; mayor has yet to name 11th appointee The district is facing a more than $750 million budget deficit, according to a budget ...
Chalkbeat on MSN
5h
Chicago’s new partially-elected school board is sworn in
The board’s first meeting and swearing-in was a key milestone in a longtime push for an elected school board in Chicago, ...
4h
on MSN
New Chicago School Board sworn in as CTU president pushes to reach deal over contentious contract
The new Chicago Board of Education was sworn in while the Chicago Teachers Union President Stacy Davis Gates calls for contract settlement.
11h
on MSN
Newly elected Chicago Public School board members to be sworn in Wednesday
The new elected Chicago Public School board members are set to be sworn in on Wednesday, after all seven previous members ...
1d
on MSN
CPS perched on financial cliff, state financial takeover an option: report
The nation's fourth-largest school system is perched on a financial cliff, and will fall if something is not done soon, ...
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