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CPS on Edge Without State Funding | Chicago News

CPS on Edge Without State Funding | Chicago News

Published 19 hours ago
Description

Chicago Public Schools is on the brink of a payroll crisis unless it gets $150 million from Springfield—money it desperately needs to avoid midyear layoffs and cuts as teachers return to classrooms. The district’s budget, which relies on this uncertain funding, has already been approved by the school board despite warnings that it’s unbalanced and could lead to missed payrolls in September. The Chicago Teachers Union is pushing hard for state funding, reminding lawmakers that Illinois promised full school funding back in 2017—and CPS is owed $2 billion under the state’s formula. Mayor Johnson joins the chorus, framing this as honoring a promise, not seeking charity. While some state leaders, including House Speaker Emanuel Welch, are supportive and open to a special session this fall, time is running out: with payroll just weeks away, fall may be too late to secure the short-term cash CPS needs.

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