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As Chicago Public Schools budget deadline looms, interim chief resisting controversial $300 million loan

Classes start in less than a week for Chicago Public Schools students, and in less than a day, the district will unveil its ...

CPS board rebuffs budget plan from school district leaders

A pension payment and loan must be in this year’s budget, 11 of 21 board members stated in a letter sent to the interim CEO ...

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 ...
WTTW News1d

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 ...

Battle brewing over pension payment after Chicago Public Schools budget proposed

A battle is brewing over whether Chicago Public Schools or the city responsible for a $175 million pension payment. Passage ...
FOX 32 Chicago on MSN1d

Chicago Public Schools leaders unveil how they'll fill a $734M budget deficit

CHICAGO - Chicago Public Schools leaders unveiled how they plan to close a $734 million budget gap for the coming year. The solutions could be riling some feathers over in Mayor Brandon Johnson’s ...

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 ...

Paul Vallas: CPS budget is responsible, but avoids structural fixes

The Chicago Public School’s budget plan doesn’t worsen the district’s financial health. but it guarantees Chicago will face a ...

Mayor Brandon Johnson’s Chicago Public Schools 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 make a controversial ...
Axios on MSN1d

CPS chief challenges Johnson on pension, loan plan

Interim CPS CEO Macquline King has presented a budget that defies Mayor Brandon Johnson on taking out a $200 million loan and ...

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 ...

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 ...