August 24, 2016
The following news pieces cover the Civic Federation’s recent analysis of Chicago Public School’s proposed FY2017 budget. As mentioned in the analysis, the Federation cannot support the District’s FY2017 budget because it effectively remains out-of-balance by relying on uncertain funding and one-time measures in order to close a $1.1 billion operating deficit.
Crain's Chicago Business: Civic Federation slams CPS budget, but board approval likely anyhow
Chicago Sun-Times: CPS budget denounced by good government, disability rights groups
Chicago Tribune: CPS board votes today on $5.4 billion budget with property tax hikes
WTTW Chicago Tonight: Budget Watchdog Group Rejects ‘Optimistic’ $5.4B CPS Proposal
The Associated Press: Chicago Board of Education to vote on $5.4 billion budget
The Bond Buyer: Chicago School Board Approves New Debt and Budget