CPS boosts school budgets with focus on special education — and more property taxes – WBEZ (Chicago)

CPS CEO Pedro Martinez (left) and Mayor Brandon Johnson (right) with yellow and black balloons in backgroundOverall, the school system’s spending will remain steady at $9.4 billion in the 2023-2024 school year, but more money will go directly to schools. Buoyed in part once again by federal COVID-19 relief funding, CPS is also issuing its highest-allowed property tax increase of 5%, or about $131 million, to help support its budget.
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Honest Jerk
2 years ago

Bend over Chicago. You voted for this.

Riverbender
2 years ago

More money down the dark hole of special education that accomplishes nothing short of more salaries

Platinum Goose
2 years ago

Interesting how they keep changing formulas so they can squeeze more money out of taxpayers.

Where's Mine???
2 years ago

A good question to ask or for wp research regarding CPS crazy $9.4 billion budget is how much $ go into classrooms vrs $ for pension, administrative staff or debt? I’ll bet taxpayers would be shocked–“the overall $9.4 billion budget — which also includes pension payments, central office staff salaries and expenses tied to CPS’ significant debt “

Where's Mine ???
2 years ago

This Chalkbeat article states that out of total $9.4 billion 2023-24 CPS budget, $4.8 billion is scheduled to go to schools. Or, in other words $4.6 billion ($9.4b – $4.8b = $4.6b) goes to “pension payments, central office staff salaries and expenses tied to CPS’ significant debt”–If that’s correct that’s SHOCKING!!!

“After years of steady increases, Chicago Public Schools unveiled a proposed $9.4 billion overall district budget Tuesday that would hold the line on spending in 2023-24. 
Roughly half — or $4.8 billion — would go directly to schools.”

https://chicago.chalkbeat.org/2023/6/13/23759818/chicago-public-schools-fy24-budget-education

Admin
2 years ago

Yup. We are looking at that and plan to write about it.

Where's Mine???
2 years ago
Reply to  Mark Glennon

Interesting non of these articles offer link to CPS figures or preliminary budget?

The Paraclete
2 years ago

The CTU is now running the city. It hasn’t even begun to hurt! Brandon and Toni have you cornered.

Old Joe
2 years ago

Hmm, we need more schools for transgendered illegals too.

Giddyap
2 years ago

Failing Chicago Schools Will Be Getting Even More Money To Flush, After Property Tax Hike  

Da Judge
2 years ago

More spending for Sheeetcago K-12 ed but NO increase in student outcomes like graduation rates, higher test score, etc.

Definition of insanity IMO.

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