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Mayor Brandon Johnson aligned school board members balk at CPS budget plan that sidesteps city pension payment, borrowing

The Chicago Board of Education is divided on a balanced budget that avoids Mayor Brandon Johnson’s plan to borrow and cover a ...

Interim CPS CEO Macquline King to present budget to Chicago School Board

Chicago Public Schools officials are set to present a balanced budget to the school board Wednesday morning.The big question is how they plan to close a shortfall of more than $700 million.ABC7 ...

CPS interim CEO to address $700M+ budget shortfall, which remains unresolved with new academic year about to begin

Chicago Public Schools Interim CEO Macquline King is set to present a full budget plan Wednesday morning, with the district ...

Mayor Johnson’s CPS chief resists City Hall borrowing plan, pension payment as budget deadline looms

Chicago Public Schools interim chief Macquline King is resisting pressure from Mayor Brandon Johnson to borrow millions of ...
WGN-TV Chicago on MSN7h

Community leaders gather to implore CPS not to make more cuts with decision on budget shortfall looming

Chicago Public Schools leadership is still working to close an approximately $734 million budget gap as CPS students prepare ...

Facing deadline, CPS leaders lay out budget options but no firm spending plan

CPS CEO and union leaders met with alderpeople Tuesday about closing the district’s $734 million deficit. They didn’t offer a ...

Chicago Public Schools leaders unveil plan to close $734 million budget deficit

Chicago Public Schools leaders on Wednesday unveiled their plan to overcome a $734 million budget shortfall for the upcoming ...
WTTW News5h

CPS Banking on TIF Funding, Pension Contingency to Keep Cuts Out of Classrooms in Latest Budget Plan

The choices we have are difficult ones,” CPS chief budget officer Mike Sitkowski told the Board of Education, “and it’s very ...

CPS officials discuss funding options with mayor's office 1 day before their balanced budget is due

On Tuesday, Chicago Mayor Brandon Johnson looked to Springfield for more money. Johnson pointed out the calculated $1.6 ...
Chalkbeat on MSN1d

CPS budget proposal won’t include city pension reimbursement to avoid more school cuts, sources say

The district’s budget proposal will not include a much-debated pension reimbursement to the City of Chicago, which will help ...

CPS must present a plan to close its deficit by Aug. 13: What are the options?

After trims this summer, the school district's budget hole is $569 million. The options are few but include borrowing, ...

Chicago mayor calls for more from state as school budget deadline looms

With budget deadlines looming for Chicago Public Schools, Mayor Brandon Johnson has raised the dollar amount he says the ...