Chicago Public Schools | Civic Federation
Jul 24, 2024 · Chicago Public Schools' Proposed FY2025 Budget Only a Temporary Fix . In an analysis released today, the Civic Federation expressed significant concern about the escalating fiscal challenges facing Chicago Public Schools as it votes to approve its FY2025….
Civic Federation says Chicago Public Schools' finances could …
Jan 14, 2025 · CHICAGO (CBS) -- The budget watchdog group the Civic Federation warned Monday that the Chicago Public Schools' finances are in such bad shape that the State of Illinois may need to take...
Civic Federation Analyzes Chicago Public Schools' Troubling …
Jan 13, 2025 · In a new report, the Civic Federation summarizes the challenges facing Chicago Public Schools and recommends solutions to a more sustainable future. CHICAGO – The Chicago Public School District (CPS) faces a critical financial juncture, as outlined in a Civic Federation report released today.
Chicago Public Schools FY2025 Proposed Budget: Analysis and ... - Civic …
Jul 24, 2024 · The Civic Federation offers the following key findings from Chicago Public Schools’ proposed FY2025 Budget: The $9.9 billion proposed total budget is $500 million, a 5.1% increase from the FY2024 estimated budget total of $9.4 billion.
Chicago Public Schools | Civic Federation
Civic Federation Calls for Chicago Public Schools to Conduct Long-Term Financial Planning Amid Personnel and Enrollment Trends and Temporary Federal Funding Relief . CPS enrollment has been declining steadily for at least the past decade …
Chicago Public Schools, or CPS, perched on financial cliff, state ...
Jan 13, 2025 · The nation's fourth-largest school system is perched on a financial cliff, and will fall if something is not done soon, according to the Civic Federation.
Civic Federation Has Significant Concerns About Chicago Public Schools ...
Jun 27, 2023 · CHICAGO – In an analysis released today, the Civic Federation expressed significant concerns about the long-term viability of Chicago Public Schools’ finances. While the District’s $9.8 billion FY2024 budget is stable due to both federal COVID-19 relief funding and local tax revenue, it nevertheless faces a financial cliff of $628 million ...
Addressing the Financial Entanglements Between the City of Chicago …
Jun 8, 2023 · How will Chicago Public Schools deal with the looming budget deficit of $628 million projected to begin in FY2026? Public Act 102-0691 required the Chicago Board of Education to commission an independent review of the district's finances and entanglements with the City of Chicago by October 31, 2022.
How to pay for Chicago Public Schools’ teacher contract?
Jan 14, 2025 · The Civic Federation, a nonpartisan fiscal watchdog agency based in Illinois, released a new analysis this week cautioning the new partially elected school board, which takes office this week,...
Civic Federation Analyzes Chicago Public Schools’ Troubling …
Jan 13, 2025 · "If the District’s financial situation doesn’t improve soon, a worst-case scenario, which state lawmakers should begin to examine, could include a state financial takeover akin to the Chicago School Finance Authority created in response to the 1979 CPS financial crisis.