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Civic Federation, Chicago Public Schools

Civic Federation says Chicago Public Schools' finances lead to a credit downgrade

The Civic Federation said dwindling enrollment, rising costs, long-term pension liabilities, and infrastructure needs have left the district on "the financial brink."

Yahoo · 2d

Civic Federation warns Chicago Public Schools' finances are in dire shape

The budget watchdog group said CPS' finances are in such bad shape that the State of Illinois may need to take control of the school district.

Crain's Chicago Business · 2d

CPS finances 'on a razor's edge,' state takeover may be needed: Civic Federation

A new report being released today by the government watchdog Civic Federation puts Chicago Public School finances under the microscope as the district nears a fateful turning point.

Chalkbeat on MSN · 1d

How can Chicago Public Schools pay for a new teachers contract?

As CPS and its teachers union disagree about how much the district can afford, a new report warns of dire fiscal outlook.

FOX 32 Chicago on MSN · 22h

Chicago Public Schools faces major fiscal challenges, analysis finds

A new report warned of a dire financial outlook for CPS with mounting budget deficits if significant action isn't taken.

Yahoo · 2d

Report raises serious concerns about finances of Chicago Public Schools

The Civic Federation’s finance report for the 2025 budget raises serious concerns about how the district will survive in the future. Jermont Terry reports.

2don MSN

CPS on the ‘financial brink’ and state takeover shouldn’t be out of the question, Civic Federation report says

Chicago Public Schools is on the financial brink and the state should consider taking over, according to budget watchdog ...

To save CPS from 'catastrophe,' watchdog urges new school board to 'right-size' CPS finances

A Civic Federation report calls for budget cuts and new revenue sources. The group floats a state financial takeover as a ...

ARLnow.com20d

Civic Federation votes to press ahead on governance changes

The Arlington County Civic Federation earlier this month approved its 2025 legislative-priorities package, which includes requests to support measures related to changes in the county government ...

2don MSN

CPS perched on financial cliff, state financial takeover an option: report

The nation's fourth-largest school system is perched on a financial cliff, and will fall if something is not done soon, ...

1don MSN

New hybrid Chicago Board of Education to be seated amid financial crisis, increased discord in CTU talks

The current seven-person Chicago school board, with members all selected by Mayor Brandon Johnson, will switch Wednesday to 20 board members and a president.

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