Schools to Receive $130 Million More in Discretionary Funding to Drive Student Achievement for 2012-2013 


Will Re-Direct Education Program Funding and Cuts to Operations and Administrative Spending to Increase Flexibility for Principals and School Communities

 

April 25, 2012

 

Chicago Public Schools (CPS) announced today that it is re-prioritizing over $50 million in education programming and cutting $100 million in operations and administrative spending to increase discretionary funding for schools. As a result, school-based budgets will include nearly $130 million in new discretionary funding to provide principals and school communities more flexibility and autonomy in planning the 2012-2013 school year. CPS will begin releasing school-based budgets to schools over the coming days so principals can begin budget planning for the next school year.

 

“We’re taking a new approach by giving principals and school communities the increased flexibility and tools they need to better align their resources to the academic needs of their unique student body, said CPS CEO Jean-Claude Brizard.  “Principals will have the authority and increased resources to ensure their students are getting the academic support they need.

 

Despite significant financial challenges, the District is committed to protecting and investing in key priorities that drive student learning, including:

 

  • No increase in class size
  • Maintaining and protecting funding for:
    • Full-day Kindergarten
    • Early Childhood Education
    • Magnet seats
    • Safety programs, i.e., Safe Passage and others
    • Athletics
  • Building on the success of IB and STEM programs to expand these high-quality high school options throughout the district.
  • Providing schools with new discretionary funding to help support the Full School Day, Common Core State Standards and new Instructional Framework to ensure the quality of the school day.

 

CPS has focused on making the budget process far more efficient and beneficial for principals. This year, rather than receive their budgets in the mail, as has been the case in past years, CPS Central Office staff will meet with principals face-to-face to present their budgets. Principals will have the opportunity to meet with subject matter experts and senior leaders one-on-one from all areas of the organization to ask questions about their specific budget and get answers in real time.  Schools are required to submit their final budgets and schedules to CPS Central Office on May 17. 

 

About CPS

Chicago Public Schools serves 405,000 students in 675 schools. It is the nation’s third-largest school district.

 

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