Chicago Public Schools finances are in “precarious” condition, so fragile and in danger of collapse that the state of Illinois needs to consider seizing control of the troubled school district. That’s ...

The new Chicago Board of Education being seated Wednesday — the first to have elected members — will stare down a district on the financial brink: an imbalanced budget, rising costs, falling student ...

This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated. Steve Grzanich has the business news of the ...

Chicago Public Schools is selling off 21 school properties, hoping the sales will result in a nice windfall of cash and reduced maintenance costs in the long run. This board applauds such sensible ...

With Chicago Public Schools grappling with a $529 million deficit and no clear way to balance its budget for the fall, the state might want to take over the school district’s finances — a move that ...

CHICAGO (WLS) -- Mayor Brandon Johnson is two weeks away from presenting his budget recommendations and Wednesday a fiscal watchdog group offered a series of options and recommendations, especially ...

The president of the nonpartisan research group says Mayor Brandon Johnson needs to better address structural problems in his budget proposal. Chicago City Council committees will soon begin voting on ...