Post by Logan on Feb 10, 2016 4:31:58 GMT -6
In a move the district acknowledged was unprecedented for the middle of a school year, Chicago Public Schools on Tuesday cut millions of dollars from school budgets, forcing principals to refigure their plans with the second semester just underway.
The cuts to CPS' per-pupil funding rate were slightly deeper than laid out last week, when the district said it would save $75 million through budget reductions. On Tuesday, the district said $85 million would be cut this school year.
The cuts, however, will be softened by tens of millions of dollars in state and federal money, much of it directed toward schools with low-income students. That means the net impact of the reductions, according to district figures, is closer to $26 million.
District data show some of the city's top high schools with large enrollments will lose hundreds of thousands of dollars. About 50 schools will actually get more money. Privately operated charter schools will take a hit, though the district didn't provide details Tuesday on budget cuts to those schools.
Read more: www.chicagotribune.com/news/ct-chicago-schools-budget-cuts-met-20160209-story.html
The cuts to CPS' per-pupil funding rate were slightly deeper than laid out last week, when the district said it would save $75 million through budget reductions. On Tuesday, the district said $85 million would be cut this school year.
The cuts, however, will be softened by tens of millions of dollars in state and federal money, much of it directed toward schools with low-income students. That means the net impact of the reductions, according to district figures, is closer to $26 million.
District data show some of the city's top high schools with large enrollments will lose hundreds of thousands of dollars. About 50 schools will actually get more money. Privately operated charter schools will take a hit, though the district didn't provide details Tuesday on budget cuts to those schools.
Read more: www.chicagotribune.com/news/ct-chicago-schools-budget-cuts-met-20160209-story.html