Reserve Fund

Plenty Of Criticism, Little Support For CPS Budget Plan At Public HearingThe Chicago Public Schools' chief operating officer heard a litany of complaints and accusations Wednesday night, during a 2-1/2 hour hearing on the board's proposed $5.16 billion budget.
School Budget Would Raise Property Taxes, Empty Reserve FundChicago Public School officials have unveiled their budget plan for next school year, seeking to fill a $665 million deficit with a property tax hike, personnel cuts and some one-time revenue.