Chicago Public Schools faces a $400m budget shortfall, plans to cut costs, and uses a new budget model prioritizing equity and student needs.
Chicago Public Schools (CPS) faces a $400m budget shortfall despite seeking additional funds. To address this, the district plans to cut central office and vendor costs, aiming to maintain a "foundational standard" of staffing in every school. The new budget model focuses on equity, with funding allocated based on student needs and poverty rates, with more resources provided to schools serving students with greater needs. Some schools may face cuts, but the aim is to keep cuts away from classrooms.
May 28, 2024
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