Civic Federation says Chicago Public Schools' finances could …
1 day ago · Report raises serious concerns about finances of Chicago Public Schools 02:47. CHICAGO (CBS) -- The budget watchdog group the Civic Federation warned Monday that the Chicago Public Schools ...
Civic Federation Analyzes Chicago Public Schools' Troubling …
2 days ago · The Federation’s report serves to explain CPS’s financial situation and trends including revenue limitations due to property tax constraints and insufficient State contributions; enrollment that has declined by approximately 21% since FY2010; underutilization of 56% of District school buildings; aging facilities with more than $3 billion ...
Chicago Public Schools | Civic Federation
Nov 17, 2023 · Chicago Public Schools' Proposed FY2025 Budget Only a Temporary Fix . In an analysis released today, the Civic Federation expressed significant concern about the escalating fiscal challenges facing Chicago Public Schools as it votes to approve its FY2025….
Chicago Public Schools FY2024 Proposed Budget: Analysis and ... - Civic …
Jun 27, 2023 · The Civic Federation urges Chicago Public Schools to work with other districts and the Illinois State Board of Education on arriving at a comprehensive statewide funding solution that also includes increased efficiency and spending reductions where possible.
Report says Chicago Public Schools is on the financial brink
2 days ago · Chicago Public Schools is on the financial brink and the state should consider taking over, according to budget watchdog group the Civic Federation.
Civic Federation Has Significant Concerns About Chicago Public Schools ...
Jun 27, 2023 · CHICAGO – In an analysis released today, the Civic Federation expressed significant concerns about the long-term viability of Chicago Public Schools’ finances. While the District’s $9.8 billion FY2024 budget is stable due to both federal COVID-19 relief funding and local tax revenue, it nevertheless faces a financial cliff of $628 million ...
Chicago School Board Must Act Fast to End Crisis, Watchdog Says
2 days ago · The Chicago Public Schools’ new board faces rising labor costs, growing deficits, underfunded pensions and “fragile” credit ratings when its 21 members take office Wednesday, said the Civic ...
Chicago Public Schools, or CPS, perched on financial cliff, state ...
1 day ago · The nation's fourth-largest school system is perched on a financial cliff, and will fall if something is not done soon, according to the Civic Federation. 24/7 Live Chicago & Suburban Cook Co ...
How to pay for Chicago Public Schools’ teacher contract?
1 day ago · A new 21-member school board will govern Chicago Public Schools starting Jan. 15. Though 11 people will still be appointed by the mayor, the change marks the beginning of the end of mayoral ...
Wintrust Business Minute: Civic Federation of Chicago says State …
1 day ago · The Civic Federation of Chicago, the local budget watchdog, is warning that finances are so bad in Chicago Public Schools, that the State of Illinois may need to take control of the school system. The organization says the CPS budget is structurally imbalanced and relies heavily on temporary revenues.