News

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 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 ...

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 ...

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 ...

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 ...

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 ...

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 ...
WGN-TV Chicago on MSN1d

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 ...

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 ...
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 ...

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 ...