UPDATE (11/08/16): Following CTU Contract Approval, CPS to Hold Public Hearings on Budget That Will Save $400 Million Compared to Last Contract 

Public Feedback Will Be Gathered on Revised Budget Incorporating Final CTU Contract

Wednesday, November 8, 2016                                                         

For more information, contact:
CPS Office of Communications
Phone: 773-553-1620

UPDATE (11/8/16): 
CPS today announced that it will hold an evening budget hearing on November 28 at 6 p.m. to allow members of the public who cannot attend a daytime meeting to provide feedback on the proposed budget. The 6 p.m. hearing will replace a hearing that was previously scheduled to occur on November 28 at 12:30 p.m.

CHICAGO – Chicago Public Schools (CPS) today announced it will hold two public hearings on November 28 so that members of the public can provide feedback on the District’s revised Fiscal Year 2017 budget, which incorporates CPS’ contract with the Chicago Teachers Union. With the CTU’s vote approving the contract, CPS CTU expects to save $400 million compared to the previous contract. An attached fact sheet summarizes the costs of the contract, as well as historical contract agreements.

“Our agreement with the CTU is the most cost-effective contract in the history of CPS mayoral control,” said CPS CEO Forrest Claypool. “We are pleased that students can continue to learn uninterrupted, teachers receive a well-deserved raise and the District can bend its cost curve. We are optimistic that with a new collective bargaining agreement in place, we will be able to work together to advocate for the resources our students deserve from the state.”

The Board of Education will vote on both the contract and the revised FY17 budget at the December 7 Board meeting.

The Board’s budget hearings will be held at CPS Headquarters (42. W. Madison St.) at 12:30 p.m. and 3:30 p.m. on Monday, November 28, so that members can provide feedback on the revised budget in advance of the Board of Education’s vote.

The revised FY17 budget, which maintains current school funding and resource levels, will be formally released in the coming days for public review. The budget will show two significant changes: a $55 million increase in expenditures and a $55 million increase in TIF revenue from Mayor Emanuel and the City of Chicago.

Not only does the contract keep students in classrooms, provide teachers with a raise and reduce spending compared to the previous agreement with CTU, but it also improves working conditions for educators throughout the city, allowing them to focus more of their time and energy on delivering a high quality education.

“Our agreement with CTU includes landmark provisions that will make a real difference in the quality of life for our teachers,” said CPS Chief Education Officer Dr. Janice K. Jackson. “We hope that by providing teachers with more time and energy to focus directly on the education of their students, they will be able to propel the record-breaking academic gains made in our classrooms.”

Chicago Public Schools serves 381,000 students in 652 schools. It is the nation’s third-largest school district.

Page Last Modified on Wednesday, November 09, 2016