CPS School Budget Review

Chicago Public Schools (CPS) recently released school-level budgets, giving principals and Local School Councils only two weeks to review and approve them—a shorter timeline than usual. These budgets are based on the district’s most optimistic deficit projection of $229 million, which assumes the city will provide $300 million in new funding through either state support or tax-increment financing (TIF). However, CPS also presented two worse-case scenarios, with deficits reaching $529 million and $734 million, potentially requiring the layoff of up to 3,000 school staff. Notably, the projections do not include expected additional costs such as principal contracts or pension payments.

This has led to growing concern among school leaders. The Chicago Principals and Administrators Association criticized the budgets as misleading, warning that schools may have to cut staff over the summer when actual finances become clearer. Despite CPS's recent shift away from student-based budgeting toward a need-focused model using the Opportunity Index, even high-need schools are facing significant cuts. For instance, a north side high school that climbed in the index rankings is still losing substantial flexible funds and several staff positions.

Meanwhile, CEO Pedro Martinez is set to depart on June 18, leaving his successor to manage these financial challenges. Community engagement efforts are underway to help guide the search for the next CPS leader. CPS and the Alma Advisory Group have launched a series of public meetings to gather feedback on what qualities the new leader should have. Many attendees have voiced a preference for someone with strong ties to CPS and formal superintendent credentials.

These sessions mark an important moment for public involvement in CPS governance, especially as Chicago still lacks a fully elected school board. While some question the effectiveness of these meetings, turnout by local officials and community members suggests growing interest in shaping the district’s future. A separate event by Kids First Chicago offered a more direct line of communication with board members, allowing the public to raise concerns and engage personally with district leadership.

CPS to Absorb Five Acero Charter Schools

In October of 2024, the Chicago based Acero charter network announced the closure of seven of its schools by June of 2025. These schools include Cisneros, Casas, Fuentes, Paz, Cruz, Santiago, and Tamayo. The network claims these closures are necessary due to rising maintenance costs, low attendance, and a $40 million dollar deficit. The shutdowns would affect 2,000 students and more than 250 teachers, making the decision extremely controversial amongst the community.

While Acero asserts that students who previously attended these schools would be allowed to assimilate to one of the several remaining Acero campuses, parents remain unsatisfied with this solution. They fear their students will not receive the same quality of education because of larger class sizes and transition adjustments. To fight this outcome, parents and teachers have come together to seek a solution through Chicago Public Schools. At the forefront of this crusade, Stacy Davis Gates, President of the Chicago Teachers Union, demanded that CPS absorb the schools in jeopardy.

Following months of public outcry and intense negotiations, the Chicago Board of Education voted to keep five of the aforementioned seven charter schools open. In a 16-3 vote, the decision to absorb these schools won by an overwhelming majority. However, those who voted against the notion fear that there is not enough money in the budget as CPS is currently operating under a $500 million dollar deficit. Nevertheless, Cisneros, Casas, Fuentes, Santiago, and Tamayo will remain open for the 2025-26 school year while Paz and Cruz will close as originally planned.

Kayley Horton, Tutoring Coordinator
kayley@testprepchicago.com
(312) 848-1266

Study Finds Increase in College Enrollment Rates for CPS Graduates

A study by the UChicago Consortium on School Research found a significant increase in the proportion of CPS graduates who enrolled in college. The study also found an increase in the number of students who plan to pursue their college education.

Despite general concerns over rising higher education costs and student debt, CPS students are increasingly opting for a college education, whose benefits include higher earning potential and increased job opportunities. This trend is notable considering that the national trend is the opposite: nation-wide college enrollment rates are still decreasing, not yet having recovered from the pandemic.

These college enrollment rates outperform national averages for high-poverty schools, a success which CPS credits to the collaboration of counselors, nonprofits, and teachers. The study did, however, highlight racial disparities in their projections; CPS administrators have acknowledged these disparities and the need to address them.

Anna Jordan, Tutoring Coordinator
anna@testprepchicago.com
(312) 848-1266