This guide is designed to help the Chicago community understand how our public schools are funded. The purpose of this guide is to (1) explain the budget and the process we use to create it and, (2) to answer frequently asked budget questions.
The Chicago Public Schools FY2011 Budget Book is the financial and policy plan of the Chicago Public Schools for the fiscal year that begins July 1, 2010, and ends June 30, 2011. The fiscal year encompasses 12 months, as mandated by the 1995 Amendatory Act enacted by the Illinois legislature.
The FY2011 Budget Book includes line-item expenditure details, summary financial tables, and narrative overviews of CPS programs, goals, and financial policies and procedures.
The Budget Book also contains snapshots of individual school budgets to provide readers with an at-a-glance view of school based budgets and demographics that impact the budgets. These snapshots are included in the Schools at a Glance section. Departmental budget summaries are also included.
Public hearings about the budget took place in August and transcripts of these hearings are available through the links below. The Chicago Board of Education approved the FY2011 budget at its August 25 board meeting.
Previous Briefings and Presentations
- FY2011 Budget Update
April 28, 2010 (Presentation)
- FY2011 principal budget briefing
March 15, 2010 (Presentation)
- CEO Ron Huberman's letter updating CPS employees about meetings with CTU
July 28, 2010
- CPS Budget Shortfall Fact Sheet
June 29, 2010
- CEO Ron Huberman's letter to CPS employees
June 29, 2010
- CEO Ron Huberman's remarks on the budget
June 28, 2010