Chicago schools get smaller share of state money after enrollment drop, property wealth bump – Chalkbeat Chicago
The state’s formula for determining how to fund schools looks at a variety of factors, including the percentage of low-income students and wealth of the property surrounding schools. Chicago saw a 4% loss of low-income students and a 3% increase in the city’s property tax base, according to state data.

Of CPS’ 478 stand-alone “traditional” or non-charter, non-contract schools, one third of them, 150, are less than half-full, according to CPS. The 20 most-empty CPS schools are only 5 to 25 percent full – most with depressing educational outcomes.