Chicago public schools approve $10.2 billion budget, choosing classrooms over debt: Will cuts hurt support services? - Techonology Gyan

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Saturday, August 30, 2025

Chicago public schools approve $10.2 billion budget, choosing classrooms over debt: Will cuts hurt support services?

Chicago Public Schools approved a $10.2 billion budget for 2025-26, addressing a $734 million deficit by using TIF surplus funds and cutting central office expenses. The board avoided borrowing and deferred a $175 million pension payment, prioritizing classroom funding. This decision faced criticism from the Chicago Teachers Union, who warned of potential midyear cuts if revenue targets are unmet.

from Latest Education news - Board Exam Results, Admit Cards, Exam Paper Analysis and Question Papers | Times of India https://ift.tt/grOMhl4

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