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Budget

IL House speaker says he never promised $150M in state funding for CPS

  • Aug 6

City budget director resigns amid continued turnover in Johnson admin.

  • Aug 4

Mayor's budget director is stepping down head of crucial season

  • Aug 4

CPS seeks financing as debate continues over $150M in state funding

  • Aug 3

Concerns about financing, school opening after CPS budget approval

  • Jul 31

Chicago Board of Education approves CPS budget with more state funding

  • Jul 31

Chicago CFO's abrupt departure raises concerns ahead of budget season

  • Jul 30

Milwaukee recruits laid-off Chicago Public Schools teachers

  • Jul 29

Latest Videos

1:28

Mayor's budget director is stepping down head of crucial season

  • Aug 4
3:18

Concerns about financing, school opening after CPS budget approval

  • Jul 31
2:28

Chicago officials trade blame over projected $98M budget shortfall

  • Jul 17
3:21

IL lawmakers pass $56B budget with new taxes on social media companies

  • Jun 1
5:33

Expert shares tips for building a joy-based budget

  • May 7
2:43

Pritzker proposes $56B budget with minimal new spending

  • Feb 18
2:22

IL speaker pushing for new millionaire tax with looming budget deficit

  • Jan 12
2:46

Chicago mayor will not veto budget, but won't sign it

  • Dec 23, 2025

Latest Stories

Chicago Public Schools holds public hearings on budget amid $700M shortfall

Chicago Public Schools is holding public budget hearings, with CTU pushing back against job cuts and furlough days.

  • Jul 21

Chicago mayor, City Council coalition trade blame over projected $98 million budget shortfall

Some Chicago city employees, including police officers, could face layoffs this fall as Mayor Johnson and members of the City Council's budget accountability coalition clash over responsibility for a projected $98 million midyear budget shortfall.

  • Jul 18

CPS budget proposal with teacher layoffs renews debate over keeping under-enrolled schools open

Proposed cuts, furloughs and a spending freeze are part of Chicago Public Schools' budget plan as the district works to balance its finances, but the proposal does not include school closures because of an ongoing moratorium.

  • Jul 17

Chicago School Board members split on CPS budget proposal that includes teacher layoffs, furloughs

As Chicago Public Schools seeks approval of an almost $10 billion budget by July 30, some members of the Chicago Board of Education are voicing opposition to a proposal that includes staff cuts, furlough days and a midyear spending freeze.

  • Jul 16

CPS proposes hundreds of layoffs affecting teachers, aides, furloughs to close $732M budget deficit

Chicago Public Schools plan to lay off hundreds of employees and impose furlough days as part of a budget proposal aimed at closing a $732 million budget deficit, district leaders announced Wednesday.

  • Jul 15