Chicago Public Schools unveiled Monday a $5.7 billion operating budget proposal that includes laying off 1,491 employees (479 of which are teachers), raising property taxes by $19 million, and banking on $480 million in pension relief from state lawmakers. Chicago Tonight’s Brandis Friedman walks us through the proposal.

Mayor Rahm Emanuel joins Chicago Tonight on Thursday to discuss Chicago Public Schools and the city’s budget deficit, the city’s plan for funding its pensions, his plan to phase out seven TIF districts, and whether he expects any financial help from Springfield. What are your questions for the mayor? Share them with us.

We discuss the CPS budget and other challenges facing the nation's third-largest school district with Mayor Rahm Emanuel’s new leadership team: CPS CEO Forrest Claypool and chief education officer Janice Jackson. 

The summer of 2015 has been rife with financial complications for Chicago Public Schools. The district has long been in a billion dollar budget hole, and school board members today voted to approve taking on just over a billion dollars in additional debt. Chicago Tonight's Brandis Friedman joins us Wednesday with details.

Chicago Public Schools principals are finally getting a look at their budgets for the school year that starts in September. The district says, altogether, it is releasing $31 million less to schools this year, because of declining enrollment.