By Daniel Vesecky As contract negotiations between the Chicago Public School District (CPS or the “District”) and the Chicago Teacher’s Union (CTU) continue, how to pay for the increases in salaries and other contract demands remains…
CPS’ FY2025 proposed budget is incomplete at a time when the District faces enormous fiscal challenges both in the short-term, due to unsettled teacher contracts, and in the long-term given next year’s even-larger fiscal deficit. CPS must…
At the Chicago Public Schools (CPS) Board of Education’s monthly board meeting in October, the CPS Office of Finance updated the Board on the District’s current financial status and the FY2025 budget forecast. The District is expecting to…
The Federation urges the District to develop a long-term financial plan as costs continue to rise and a financial cliff looms. Click here to visit the report landing page…
Click here to read the full report.Click here to read the press release for this…
With the upcoming implementation of an elected school board to oversee Chicago Public Schools, the governance of CPS will be separated from the City of Chicago. The 21-member elected school…
This blog post examines the Chicago Public Schools’ contributions to the Chicago Teachers’ Pension Fund in the FY2023 budget and the funding status of the Pension Fund based…
