October 26, 2012
Chicago Public Schools (CPS) will host two additional public hearings for parents, teachers and community stakeholders to learn about and comment on the amended budget for Fiscal Year 2013 (FY 13).
The meetings will be held simultaneously on Monday, Nov. 5 from 6 p.m. to 8 p.m. at:
King College Preparatory High School
4445 S. Drexel Blvd.
Walter Payton College Preparatory High School
1034 N. Wells St.
Sign-up for public participation at the hearings will take place at each location from 5 p.m. to 6 p.m.
Although the Chicago Board of Education approved the FY 13 budget in August, CPS has amended the budget in order to account for the additional costs associated with the Chicago Teachers Union (CTU) contract agreement. The contract adds a total of $103 million to the FY 13 budget, all of which is tied to salary increases.
The amended budget reduces administration, finance and operations spending in the Central Office, avoiding cuts to classrooms as promised by CPS, the Board of Education and Mayor Rahm Emanuel.
In addition to the Nov. 5 hearings, CPS held hearings on Oct. 16. CPS will present the amended budget to the Board of Education at its next monthly meeting on Nov. 14.
Chicago Public Schools serves 403,000 students in 681 schools. It is the nation’s third-largest school district.