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

Chicago Public Schools finances ... needs to consider seizing control of the troubled school district. That’s the finding of the Civic Federation in a new report being released today that ...

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

Budget watchdog group the Civic Federation ... the resources are there. Chicago is not broke.” The new board’s immediate challenges are well-known: Chicago Public Schools has a $9.9 billion ...

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

CBS-Chicago Tue, January 14, 2025 at 1:54 AM UTC 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.

according to the Civic Federation. The budget watchdog group released a comprehensive report detailing the dire financial situation Chicago Public Schools faces, especially next year. "The amount ...

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

The Chicago Board of Education tapped $400 million from its short-term revolving credit agreements with Bank of America and ...