08.25.20
11.26.19
The Chicago Board of Education adopted an amended budget for the Chicago Public Schools (CPS) 2020 fiscal year on November 20, 2019 to account for changes reflected in the collective bargaining agreements reached between Chicago Public Schools and the Chicago Teachers Union (CTU) and the Service...
09.03.19
The Chicago Public Schools FY2020 Budget is an example of fund-based budgeting. Collected revenues are assigned to different funds intended to support various governmental functions. The...
08.28.19
08.23.19
This year is the third year that Chicago Public Schools (CPS) will receive funding from the State of Illinois through the statewide Evidence-Based Funding formula that was signed into State law in August 2017. The CPS 2020 fiscal year runs from July 1, 2019 through June 30, 2020.
The...
03.11.19
In a series of...
11.08.18
2019 Civic Federation Legislative Priorities The Civic Federation's...
07.24.18
02.01.18
Public Act 100-0465, which overhauled the State of Illinois’ school funding formula and made significant changes to how Chicago teachers’ pensions are...
09.01.17
After several iterations and much disagreement, the State of Illinois now has a new statewide school funding formula. The Illinois General Assembly approved the new formula as Senate Bill 1947, House Floor Amendment 5 on August 29, with the Illinois House passing the bill Monday, August 28 and...
