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  1. This chapter provides an overview of school budgets and the resources given to schools, as well as a year-over-year comparison of total school funding. It defines the various types of schools within CPS, the demographics of the District, and the programs CPS provides to students.

  2. FY2024 Budget Overview. The FY2024 proposed budget for Chicago Public Schools totals $9.4 billion, which includes an increase of nearly $500 million in the District’s operating budget. $8.5 billion funds the District’s operating budget, which covers day-to-day expenses.

  3. To balance the FY2025 budget and protect funding in school budgets, CPS conducted a rigorous review of opportunities to find efficiencies, maximize grant funding, and reduce spending across central office and citywide departments.

  4. 20 Ιουν 2023 · Budget Hearing Hearing time: 3:00PM – 4:30PM. Where: Chicago Public Schools Loop Office Garden Level, Board Room 42 W. Madison St. Chicago, IL 60602. CPS staff, families, and community members are invited to attend this public hearing discussing the District's proposed 2024 fiscal year budget.

  5. The Chicago Board of Education (Board) is authorized by state law to issue notes and bonds, enter into lease agreements for capital improvement projects, and assist in the management of cash flow and liquidity.

  6. FY2023 Budget Overview. $4.6 billion in school funding - an increase of over $240 million from FY2022- supports core instructional priorities and advances resource equity. Continued investments in nurses, social workers, and case managers will bring FY2023 staffing levels to a new all-time high.

  7. 29 Ιουλ 2024 · The Chicago Board of Education has approved Chicago Public Schools’ proposed $9.9 billion budget for the 2024-2025 school year. The budget was approved despite concerns from the...