Civic Federation, Chicago Public Schools

Civic Federation says Chicago Public Schools' finances lead to a credit downgrade
The Civic Federation said dwindling enrollment, rising costs, long-term pension liabilities, and infrastructure needs have left the district on "the financial brink."
Civic Federation warns Chicago Public Schools' finances are in dire shape
The budget watchdog group said CPS' finances are in such bad shape that the State of Illinois may need to take control of the school district.
CPS finances 'on a razor's edge,' state takeover may be needed: Civic Federation
A new report being released today by the government watchdog Civic Federation puts Chicago Public School finances under the microscope as the district nears a fateful turning point.
How can Chicago Public Schools pay for a new teachers contract?
As CPS and its teachers union disagree about how much the district can afford, a new report warns of dire fiscal outlook.
Wintrust Business Minute: Civic Federation of Chicago says State may need to take over Chicago Public Schools
Steve Grzanich has the business news of the day with the Wintrust Business Minute. The Civic Federation of Chicago, the local budget watchdog, is warning that finances are so bad in Chicago Public
Report raises serious concerns about finances of Chicago Public Schools
The Civic Federation’s finance report for the 2025 budget raises serious concerns about how the district will survive in the future. Jermont Terry reports.
To save CPS from 'catastrophe,' watchdog urges new school board to 'right-size' CPS finances
A Civic Federation report calls for budget cuts and new revenue sources. The group floats a state financial takeover as a ...
Report: CPS on the ‘financial brink,’ state takeover not out of the question
The new Chicago Board of Education being seated Wednesday — the first to have elected members — will stare down a district on ...
CPS perched on financial cliff, state financial takeover an option: report
The nation's fourth-largest school system is perched on a financial cliff, and will fall if something is not done soon, ...
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Civic Federation votes to press ahead on governance changes
The Arlington County Civic Federation earlier this month approved its 2025 legislative-priorities package, which includes requests to support measures related to changes in the county government ...
CPS perched on financial cliff, financial takeover an option: report
The nation's fourth-largest school system is perched on a financial cliff, and will fall if something is not done soon, ...
CPS, CTU negotiations continue with new Chicago Board of Education being sworn in Wednesday
CHICAGO (WLS) -- A new report paints a dire financial picture at Chicago Public Schools. The Civic Federation says CPS is in ...