The $1.1 billion fund balance is a massive improvement from negative balances almost a decade ago. But although CTU believes, ...

CPS' $1.1 billion fund balance is a major improvement from negative balances almost a decade ago. But although CTU believes, ...

There were hopeful notes at the swearing-in of 20 new board members, half of them elected. Now the hard work begins.

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

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

In late October, CPS had announced that the Company had received a 12-month supply contract, valued at approximately $12 million. At the time, the Company indicated that the contract enabled CPS to ...

CHICAGO (WLS) -- A new report paints a dire financial picture at Chicago Public Schools. The Civic Federation says CPS is in ...

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

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

The Civic Federation said dwindling enrollment, rising costs, long-term pension liabilities, and infrastructure needs have ...

Chicago’s school board will expand from seven people appointed by the mayor to 21 people — 10 of whom were elected last ...