Chicago is boosting funding for the vast majority of its public schools next fall with a particular focus on special education - and with the help of its yearly property tax increase.
Chicago is boosting funding for the vast majorityof its public schools next fall with a particular focus on special education - and with the help of its yearly property tax increase.Overall, the school system's spending will remain steady at $9.4 billion in the 2023-2024 school year, but more money will go directly to schools, figures released Tuesday show.
Most of the new money is going toward special education services, where CPS plans to add $126 million, granting about 85% of schools more special education funding. Officials said any special ed cuts are due to shifting enrollment. Special ed services have been troubled at CPS for years - and the district's top official in that area resigned this week amid the department's latest reprimand.
To avoid ballooning the overall $9.4 billion budget - which also includes pension payments, central office staff salaries and expenses tied to CPS' significant debt - officials presented a scaled-down $155 million capital budget plan that will address emergency facility needs to have schools ready for the fall. In past years, the capital plan was released later in the summer and detailed more substantial construction projects. Last year it was $765 million.
Johnson's senior adviser Jason Lee portrayed the new mayor as powerless to stop the "tax-to-the-max" increase. Enrollment has remained a big challenge and makes running schools more costly. The school system has had to grapple with plummeting student populations over the last two decades, falling from over 400,000 students to 322,000 this year.
Instead, CPS is adding money based on student needs and providing guaranteed funding for certain teaching and support positions. The district is also giving money to most schools that are losing students to soften that blow.
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