A divided Chicago Board of Education last week approved a nearly $10 billion budget that relies on an additional $150 million in state funding. The spending plan comes after weeks of debate among CPS officials, board members and labor unions over how the district should close a $732 million budget gap.
CPS leaders are citing rising pension payments and operating costs, while arguing the district needs greater support from state and federal leaders. Some policy analysts, meanwhile, say the district is responsible for its own deteriorating finances.
CPS leaders said they crafted a budget proposal to keep cuts out of the classroom, but the plan leans heavily on one-time funding, raising questions about long-term stability.
 

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