Chicago Public Schools Faces Staffing Cuts Amid $400M Budget Shortfall
New funding formula aims for equity but leaves at least 150 schools with fewer staff positions next year.
- CPS will maintain or increase overall funding to schools despite a significant deficit.
- The district plans to cover the shortfall by reducing central office and vendor costs.
- Parents and teachers express concerns over larger class sizes and loss of specialized programs.
- The new budget formula redistributes resources based on need, benefiting some schools while disadvantaging others.
- Federal COVID-19 relief funds are expiring, adding to the financial strain on the district.