CHICAGO (CBS) — The Emanuel administration said a loss of more than $100 million in state aid for the Chicago Public Schools has forced the district to make cuts at neighborhood schools, and warned things could get worse without help from Springfield.
Interim CPS Chief Executive Officer Jesse Ruiz said budgets presented to principals on Monday were not what the district wanted, but said “they reflect the reality of where we are today: facing a budget deficit of more than $1 billion, the increasing cost of a broken pension system, and a state government that has slashed education funding by 13 percent since 2010.”
Ruiz said state funding for the district will be reduced by $106 million next school year, and if the district doesn’t get $500 million in pension help from the state, there could be more budget cuts in the middle of the school year.
RELATED: Budget Breakdown Per School
As it stands, per pupil spending will remain the same, but CPS will no longer maintain funding levels for schools with declining enrollment.