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Chicago Public Schools

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Chicago Public Schools: Building Underutilization

By Lucas Freitag and Daniel VeseckyThe recent Civic Federation Financial Landscape Analysis of the Chicago Public School District highlights a long-term issue for the…

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Chicago Public Schools’ Reserves and Cash Flow Issues, Explained

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…

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Financial Landscape Analysis of the Chicago Public School District: FY2025

Click here to read the full report.…

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Chicago Public Schools FY2025 Proposed Budget: Analysis and Recommendations

Click here to read the full report.…

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Civic Federation: Chicago Public Schools' Proposed FY2025 Budget Only a Temporary Fix

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…

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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…

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Chicago Public Schools Financial Update Highlights Upcoming Budget Shortfall of $391 Million

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…

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Civic Federation Has Significant Concerns About Chicago Public Schools' Long-Term Financial Challenges

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…

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Chicago Public Schools FY2024 Proposed Budget: Analysis and Recommendations

Click here to read the full report.Click here to read the press release for this…

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Addressing the Financial Entanglements Between the City of Chicago and Chicago Public Schools

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…