Chicago board passes budget relying on $150 million from state
Chicago Public Schools board last week approved a revised budget that closes a $732 million deficit while avoiding nearly 1,600 proposed layoffs, including about 760 teachers, but it explicitly assumes $150 million in state aid that has not been promised. District leaders and top staff warned the budget is not truly balanced under state law and said the plan harms CPS access to short-term financing, putting the first payroll, due in less than a month, at risk. The move pressures state lawmakers, and some, including Illinois House Speaker Emanuel "Chris" Welch, signaled possible action such as a fall special session.
CPS may miss payroll without $150 million from Illinois.
Context
The school board recently passed a budget that depends on $150 million from the state. The state has not guaranteed that money. If the funds do not arrive, the district could face layoffs, furloughs, or missed payroll and may seek…
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