Chicago Public Schools FY2019 Proposed Budget: Analysis and Recommendations


July 24, 2018

Click here to read the full report.

The Civic Federation supports Chicago Public Schools’ proposed FY2019 budget of $7.6 billion with reservations. Due to considerable recurring revenue sources, including increased State funding and a property tax levy dedicated to pension funding, the District’s financial position has significantly stabilized compared to recent years. However, as detailed in the report, the Federation has concerns about the reliability of future State funding, the proposed capital plan and the ongoing use of short-term borrowing.

Click here to read the press release for this analysis.