Chicago Public Schools

April 5, 2019

Livestreaming Chicago School Board Meetings Should Be a Priority for the Incoming Mayoral Administration

Last week, the Civic Federation wrote about the Chicago City Council’s recent approval of a…

March 11, 2019

Chicago Teachers’ Pension Fund Provides Fiscal Year 2018 Results

In a series of…

November 28, 2018

Civic Federation 2019 Legislative Priorities

2019 Civic Federation Legislative Priorities The Civic Federation's legislative priorities for 2019 include …

July 24, 2018

Chicago Public Schools FY2019 Proposed Budget: Analysis and Recommendations

Click here to read the full report. The Civic Federation supports Chicago Public Schools’ proposed FY2019 budget of $7.6 billion…

March 30, 2018

Update on the Chicago Public Schools’ Fiscal Year 2018 Finances

*Note: This blog post was updated on April 13, 2018 with more recent information on the Chicago Public Schools’ short-term borrowing and cash flow position. Chicago Public Schools (CPS) is heading into the next annual budget cycle for…

February 1, 2018

Illinois State Actuary Releases First Report on the Chicago Teachers’ Pension Fund

Public Act 100-0465, which overhauled the State of Illinois’ school funding formula and made

October 6, 2017

School Districts and Property Taxes in Illinois

Illinois has by far the greatest number of local governments in the nation at 6,963, according to the U.S. Census Bureau’s 2012 Census of Governments. The vast number of local governments in Illinois is often cited as a driving factor for…

September 1, 2017

What the New Illinois School Funding Formula Means for Chicago Public Schools

After several iterations and much disagreement, the State of Illinois now has a new statewide school funding formula. The Illinois General Assembly approved the new formula as Senate Bill 1947, House Floor Amendment 5 on August 29, with…

August 23, 2017

Chicago Public Schools FY2018 Proposed Budget: Analysis and Recommendations

Click here to read the full report. The Civic Federation opposes the Chicago Public Schools’ proposed $5.7 billion operating…

March 2, 2017

Chicago Public Schools Amends FY2017 Budget Again but Funding Gap Remains

Chicago Public Schools (CPS) recently adopted its second amended budget of the 2017 fiscal year in an effort to balance its budget and close a $215.2 million hole before its fiscal year ends on June 30, 2017. Chicago Public Schools…