CPS Budget Shortfall Remains Unresolved Ahead of New Academic Year

CPS budget shortfall remains unresolved ahead of new academic year

CHICAGO (WGN) — Chicago Public School students will return to class on Monday, but the district likely won’t have a budget in place when the school bell rings as work continues to close the gap of more than $730 million. With less than a week until the CPS new academic year begins, it's still unknown how officials will deal with the approximately $734 million budget shortfall. Need school supplies? These free events in Chicago have you cove…

Johnson looking for state funding ahead of CPS budget proposal

The clock is ticking for Chicago Public Schools to close a $734 million budget deficit.

CPS leader, unions brief City Council members on budget plan in rare sign of unity

In a show of unity unseen in recent memory, CPS interim CEO Macquline King is being joined Tuesday by leaders of the two major unions representing school district staff in briefings with City Council members and state lawmakers.The lawmakers will be told how Chicago Public Schools plans to close a $734 million budget shortfall for this school year — the details of which are not yet public. CPS has a variety of options that will likely be combine…

Mayor Brandon Johnson’s Chicago Public Schools chief resists City Hall borrowing plan, pension payment as budget deadline looms

CHICAGO — Chicago Public Schools interim chief Macquline King is resisting pressure from Mayor Brandon Johnson to make a controversial pension payment and borrow millions of dollars to settle the district’s budget, a notable twist in what has become 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 make a controversial pension payment and borrow millions of dollars to settle the district’s budget, a notable twist in what has become a deeply uncertain budget cycle for the fourth-largest school district in the nation. Several city officials met with CPS leadership last Thursday without King to lay out recommendations aimed at helping her c…

Editorial: Mayor Brandon Johnson’s pension working group slinks away without a word – Chicago Tribune/Yahoo

"The mayor acknowledged last week that the group was dissolved without producing a report, a damning indictment both of the internal operations of City Hall and how this mayor doesn’t take seriously the cost side of Chicago’s ledger while obsessing over finding more revenue to feed the government beast."