CPS budget crisis

The CPS budget crisis refers to the Chicago Public Schools facing a significant financial shortfall, reducing their ability to fund schools, pay staff, and provide programs. This happens due to decreased state funding, lower revenues, rising costs, and previous budget missteps. As a result, CPS may have to cut resources, delay payments, or seek additional funding, impacting students, teachers, and families. The crisis highlights the need for sustainable financial planning to ensure quality education without disruptions.