The new figure, announced Thursday by the CEO, includes a $175 million pension payment that Mayor Brandon Johnson needs to ...

The interim CEO of Chicago Public Schools said the district's budget deficit is $734 million, more than $200 million more ...

The city of Chicago has done the equivalent of emptying its checking account, and the explanations out of City Hall don’t ...

In all, Chicago owes $35.9 billion to its four employee pension funds representing police officers, firefighters, municipal ...

Macquline King, the interim CEO of CPS, said the budget gap for the district has risen to $734 million due to costs related ...

The Chicago Police Department exceeded its nearly $2 billion budget, approved by the Chicago City Council, by $207 million, according to city data.

Chicago had a $161 million deficit in fiscal year 2024, according to the annual comprehensive financial report the city ...

Chicago Public Schools’ budget for the 2025-26 school year, normally released in June, is delayed until at least late July, ...

Chicago Public Schools is laying off more than a hundred workers to help close a big budget gap. In the Midwest and Northeast ...

Reductions target crossing guards and central-office employees. Trimming a $734 million deficit would require bigger moves.

Newly-appointed interim schools chief Macquline King tells the Chicago Board of Education the budget shortfall is $200 ...

Chicago Public Schools' interim CEO Macquline King addresses a $730 million budget shortfall, advocating for transparent and ...