The Civic Federation said dwindling enrollment, rising costs, long-term pension liabilities, and infrastructure needs have ...

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

The Civic Federation’s finance report for the 2025 budget raises serious concerns about how the district will survive in the ...

A new report being released today by the government watchdog Civic Federation puts Chicago Public School finances under the ...

Chicago Public Schools is on the financial brink and the state should consider taking over, according to budget watchdog ...

Steve Grzanich has the business news of the day with the Wintrust Business Minute. The Civic Federation of Chicago, the local budget watchdog, is warning that finances are so bad in Chicago Public ...

The nation's fourth-largest school system is perched on a financial cliff, and will fall if something is not done soon, ...

As CPS and its teachers union disagree about how much the district can afford, a new report warns of dire fiscal outlook.

CHICAGO (WLS) -- A new report paints a dire financial picture at Chicago Public Schools. The Civic Federation says CPS is in ...

A Civic Federation report calls for budget cuts and new revenue sources. The group floats a state financial takeover as a ...

A new report warned of a dire financial outlook for CPS with mounting budget deficits if significant action isn't taken.