The Chicago Public Schools issued this statement late Monday: "Chicago Public Schools CEO Pedro Martinez and his team ...

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

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

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

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

Chicago Public Schools CEO Pedro Martinez was fired in late December, clearing the way for Mayor Brandon Johnson to install a ...

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

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

A new report being released today by the government watchdog Civic Federation puts Chicago Public School finances under the ...

Chicago Teachers Union leaders argue Chicago Public Schools already has the money to settle tense contract negotiations without mid-year budget cuts. CPS officials argue that’s not the case if the ...

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