CPS Releases Draft FY 14 Capital Budget that Supports Key Investments 



May 1, 2013


Chicago Public Schools (CPS) today released its proposed capital budget for fiscal year 2014 (FY 14). The $161.8 million capital budget, which includes funding for building renovations and facility upgrades, is a draft plan that must be voted on by the Board of Education. To view the proposed FY 14 capital budget, please click here: www.cps.edu/capitalplan.


“We face tremendous fiscal challenges, but we must make necessary capital investments to ensure that buildings are safe and that we are able to provide students with the high-quality, 21st-century education they need to compete and succeed,” said CPS CEO Barbara Byrd-Bennett. “We will continue to make difficult, but necessary choices to maintain our buildings and improve where we can in order to keep our commitment to deliver a high-quality education to every child in every school in the District.”


The investments proposed in the FY 14 capital plan focus on facility investments such as repairs to roofs, windows, masonry, chimneys, parapets, and other infrastructure to ensure schools are safe, warm, and dry, as well as equipped for 21st Century technology. The FY 14 capital budget complements the welcoming school investments covered by the recently passed fiscal year 2013 supplemental capital budget.


The draft capital budget also continues the multi-year investment to ensure that schools have new or improved playlots. The playgrounds complement recess, a key District priority in implementation of the Full School Day which started last fall. Funds are also allocated to enhance ADA accessibility across the district.


To help inform students, parents, teachers and community members about the FY 14 capital budget and the projects it will pay for, CPS has also today updated the interactive web application that shows school-by-school improvements scheduled for this year and next. To use this web application, please click here: www.cps.edu/welcomingschools.

About CPS

Chicago Public Schools serves 403,000 students in 681 schools. It is the nation’s third-largest school district.


Press contacts

Page Last Modified on Wednesday, May 01, 2013