Saturday, August 6, 2011

CPS Budget: $84/Year More for Homeowners

Ward Room:
The Chicago Public Schools 2012 budget, quietly released Friday afternoon, raises property taxes to the maximum levels allowed by law, makes deep cuts in staff and scales back school security.

Earlier in the day it was all smiles at a back-to-school rally on the city's south side. But CPS CEO Jean-Claude Brizard's brief remarks failed to mention the proposed budget that would be unveiled hours later.

To close the $712 million budget gap inherited by his administration, Brizard's new school team recommended $87 million in program cuts, a $241 million drain of CPS reserve funds, $107 million in cuts the central office and administrative functions, and a property tax hike to the maximum legal level.

"The Mayor supports the board’s decision to put kids first and take the levy to the cap," said Rahm Emanuel spokeswoman Tarrah Cooper. "The CPS Board has cut nearly $400 million in the central office and from administration expenses - all while investing in key programs our children need."

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