CPS school budgets hold the line on funding, but $300 million is still missing
Chicago Public Schools released school budgets to principals that try to minimize cuts. Thanks to a six-month stopgap budget passed in Springfield, property tax hikes and cuts to the administrative ranks, CPS has been able to hold the line of per-pupil funding for public schools at last year's levels. "Just a few weeks ago, CPS faced the real prospect of unavoidable, devastating cuts. Thankfully, those cuts are off the table," said CPS CEO Forrest Claypool.
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