chicago public schools civic federation

Civic Federation says Chicago Public Schools' finances could lead to a credit downgrade

The Civic Federation said dwindling enrollment, rising costs, long-term pension liabilities, and infrastructure needs have left the district on "the financial brink."

Crain's Chicago Business · 2d

CPS finances 'on a razor's edge,' state takeover may be needed: Civic Federation

A new report being released today by the government watchdog Civic Federation puts Chicago Public School finances under the microscope as the district nears a fateful turning point.

Chalkbeat on MSN · 22h

How can Chicago Public Schools pay for a new teachers contract?

As CPS and its teachers union disagree about how much the district can afford, a new report warns of dire fiscal outlook.

WGN Radio · 22h

Wintrust Business Minute: Civic Federation of Chicago says State may need to take over Chicago Public Schools

Steve Grzanich has the business news of the day with the Wintrust Business Minute. The Civic Federation of Chicago, the local budget watchdog, is warning that finances are so bad in Chicago Public

Yahoo · 1d

Report raises serious concerns about finances of Chicago Public Schools

The Civic Federation’s finance report for the 2025 budget raises serious concerns about how the district will survive in the future. Jermont Terry reports.

1don MSN

CPS on the ‘financial brink’ and state takeover shouldn’t be out of the question, Civic Federation report says

Chicago Public Schools is on the financial brink and the state should consider taking over, according to budget watchdog ...

20hon MSN

CPS, CTU negotiations continue with new Chicago Board of Education being sworn in Wednesday

CHICAGO (WLS) -- A new report paints a dire financial picture at Chicago Public Schools. The Civic Federation says CPS is in ...

To save CPS from 'catastrophe,' watchdog urges new school board to 'right-size' CPS finances

A Civic Federation report calls for budget cuts and new revenue sources. The group floats a state financial takeover as a ...

Chalkbeat on MSN7d

The mayor’s on ‘union leave’ from CPS despite leaving CTU. Does that undermine contract talks?

Brandon Johnson hasn’t taught in CPS since 2011. But because of his leave status, he’s still accruing seniority in the ...

CBS News27d

Chicago school board could fire CPS CEO Pedro Martinez at emergency meeting Friday

CHICAGO (CBS) -- The Chicago Board of Education has called a meeting this Friday night—at which members have been asked to agree on a buyout and termination for Chicago Public Schools Chief ...

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