Civic Federation says Chicago Public Schools' finances lead to a credit downgrade
The Civic Federation said dwindling enrollment, rising costs, long-term pension liabilities, and infrastructure needs have ...
New CPS school board needs fiscal discipline, creative problem-solving
There were hopeful notes at the swearing-in of 20 new board members, half of them elected. Now the hard work begins.
CPS on the ‘financial brink’ and state takeover shouldn’t be out of the question, Civic Federation report says
Chicago Public Schools is on the financial brink and the state should consider taking over, according to budget watchdog ...
To save CPS from 'catastrophe,' watchdog urges new school board to 'right-size' CPS finances
A Civic Federation report calls for budget cuts and new revenue sources. The group floats a state financial takeover as a ...
David Greising: Taxpayers deserve to know just how much governments fattened themselves on federal COVID-19 money
COVID-19 money was supposed to go to one-time expenses, not to adding positions and programs that would continue long after ...
New hybrid Chicago Board of Education to be seated amid financial crisis, increased discord in CTU talks
The current seven-person Chicago school board, with members all selected by Mayor Brandon Johnson, will switch Wednesday to ...
Crain's Chicago Business5d
CPS finances 'on a razor's edge,' state takeover may be needed: Civic Federation
A new report being released today by the government watchdog Civic Federation puts Chicago Public School finances under the ...
ARLnow.com22d
Civic Federation votes to press ahead on governance changes
The Arlington County Civic Federation earlier this month approved its 2025 legislative-priorities package, which includes requests to support measures related to changes in the county government ...
Civic Federation warns Chicago Public Schools' finances are in dire shape
The budget watchdog group said CPS' finances are in such bad shape that the State of Illinois may need to take control of the ...
CPS perched on financial cliff, state financial takeover an option: report
The nation's fourth-largest school system is perched on a financial cliff, and will fall if something is not done soon, ...
WBEZ4d
To save CPS from 'catastrophe,' watchdog urges new school board to tackle CPS finances
A Civic Federation report calls for budget cuts and new revenue sources. The group floats a state financial takeover as a ...
CBS News5d
Civic Federation says Chicago Public Schools' finances could lead to a credit downgrade
CHICAGO (CBS) -- The budget watchdog group the Civic Federation warned Monday that the Chicago Public Schools' finances are in such bad shape that the State of Illinois may need to take control of ...