The district is changing how it assigns staff serving students with disabilities as labor unions voice concerns.

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

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

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

Two factors outside the city’s control explain the situation: a $165 million reduction in Chicago’s share of revenues from the personal property replacement tax, and a disputed $175 million pension ...

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

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

Chicago ended 2024 with no unassigned fund balance after CPS skipped a key pension payment, leaving Mayor Johnson with less ...

In recent years, the handling of the nation’s largest public ... the Chicago Catch-Up newsletter. Meanwhile, other large institutional investors are dumping private equity investments as their ...

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

If the court sides with the district and finds Leasing Corporation is a public entity, that means documents previously ...

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