CPS is facing one of its biggest budget crises in years.
In this episode of Chicago Flips Red Investigates, we break down the proposed FY2027 Chicago Public Schools budget, including:
* The projected $732 million budget deficit
* 760 proposed teacher layoffs
* 801 proposed teacher aide layoffs
* 162 central office and citywide position reductions
* Five proposed employee furlough days
* The district’s spending freeze
* The previously approved approximately $25 million property tax levy increase
* More than $550 million in TIF surplus funding received by CPS
* Why many taxpayers are asking: Where is the money going?
We also examine how these financial decisions could shape Chicago’s first fully elected school board and why accountability and transparency are becoming major issues for voters.
Chicago Flips Red continues to call for an independent forensic audit of CPS finances, including contracts, procurement, grants, TIF funding, capital projects, and district expenditures.
Join the conversation below:
Do you believe CPS needs:
🔴 A forensic audit?
🔴 More state funding?
🔴 Structural budget reforms?
🔴 Different school board leadership?
Let us know in the comments.
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