A Department of Education investigation found Chicago Public Schools wrongly obtained $1.1 million by misidentifying South ...

District officials say they expect to save about $165 million after laying off some central office staff and crossing guards ...

CHICAGO — Chicago Public Schools officials have yet to identify a solution for the district’s looming $734 million deficit, ...

Many Chicago Board of Education members agree with community members and want additional revenue from Chicago or Illinois ...

CPS Chief Operations Officer Charles Mayfield told families in a Friday afternoon note that staff and other cuts this summer ...

The Chicago Board of Education met Thursday as Chicago Public Schools faces a more than $700 million budget shortfall that it ...

Chicago Public Schools announced layoffs of more than 1,400 district workers, including over 400 teachers, on Friday.

Chicago Mayor Rahm Emanuel recently wrote in a letter to the editor published by the Wall Street Journal that the notion that Illinois' new funding formula amounts to a "bailout" for his city is ...

Chicago Public Schools is facing a massive budget hole, as the district needs to find $734 million in funding or make cuts equaling that amount.

Chicago Public Schools hosted community forums to hear stakeholders’ ideas on how to solve its budget deficit.

Chicago Public Schools will launch the district’s monthslong budgeting process Wednesday, doubling down on last year’s $240 million increase in funding provided to schools while absorbing the ...

CPS is grappling with a $734 million deficit. Board members say schools across Illinois are facing budget troubles and need ...