The Civic Federation said dwindling enrollment, rising costs, long-term pension liabilities, and infrastructure needs have left the district on "the financial brink." ...

The borrowing comes as the government watchdog Civic Federation describes the junk-rated school district as being at a ...

Steve Grzanich has the business news of the day with the Wintrust Business Minute. The Civic Federation of Chicago, the local budget watchdog, is warning that finances are so bad in Chicago Public ...

A new report being released today by the government watchdog Civic Federation puts Chicago Public School finances under the microscope as the district nears a fateful turning point.

A new report warned of a dire financial outlook for CPS with mounting budget deficits if significant action isn't taken.

There were hopeful notes at the swearing-in of 20 new board members, half of them elected. Now the hard work begins.

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The budget watchdog group said CPS' finances are in such bad shape that the State of Illinois may need to take control of the school district.

COVID-19 money was supposed to go to one-time expenses, not to adding positions and programs that would continue long after ...