CPS to help Aspira make payroll, but charter operator’s financial woes remain – Chicago Sun-Times

Edgar Lopez, the CEO, has blamed CPS funding and enrollment policies for the network’s financial troubles. Aspira’s financial health has been impacted by declining enrollment, a district-wide trend that has impacted other charter operators. Charter schools get money from CPS for each student they enroll. But CPS officials have taken the charter to task for budgeting based on “unrealistic” enrollment projections.