The Civic Federation said dwindling enrollment, rising costs, long-term pension liabilities, and infrastructure needs have left the district on "the financial brink." ...

There were hopeful notes at the swearing-in of 20 new board members, half of them elected. Now the hard work begins.

The borrowing comes as the government watchdog Civic Federation describes the junk-rated school district as being at a ...

A new report being released today by the government watchdog Civic Federation puts Chicago Public School finances under the microscope as the district nears a fateful turning point.

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Teachers and other school workers, who are determined to fight against years of austerity and lost purchasing power, must ...

While state aid has increased since 2017, helping CPS fund its general operations and pay down pension debts, it is still “underfunded relative to need,” the Civic Federation noted.

The budget watchdog group said CPS' finances are in such bad shape that the State of Illinois may need to take control of the school district.

But, the Civic Federation says the new school board must right-size personnel, especially when the majority of CPS schools are under-enrolled. Ferguson says CPS spends $93,000 per student a year ...