Reema AminFrom the AuthorBusiness and FinanceHow could Chicago Public Schools close its budget deficit? Here are 9 possibilities.CPS faces a $734 million shortfall, and the deficit is projected to hit $1.3 billion by 2030.LeadershipChicago school board fires CEO Pedro MartinezChalkbeat ChicagoThe firing was a dramatic culmination to months of turmoil that pitted the mayor and the teachers union against the district's leader. “It’s not right,” an angry and emotional Martinez said to reporters after the vote.Strategic PlanningChicago Board of Education adopts new 5-year plan prioritizing neighborhood public schoolsThe plan's priorities and goals include reducing chronic absenteeism, increasing reading and math scores and reducing teacher vacancies. It also seeks to increase support and funding for neighborhood schools, where enrollment has declined.LeadershipChicago Board of Education passes $9.9 billion budgetChalkbeatThe budget boosts overall funding and includes $611 million for facilities repairs and updates, but also includes cuts to central staff and administrative costs to help close a roughly half-billion-dollar deficit.Page 1 of 1
