CPS reveals $9.5 billion budget for the 2022-23 school year

The revised spending plan is about 2% larger than the current school year’s budget.

Chicago Public Schools CEO Pedro Martinez at a news conference
Chicago Public Schools CEO Pedro Martinez at a news conference on January 4, 2022. Manuel Martinez / WBEZ
Chicago Public Schools CEO Pedro Martinez at a news conference
Chicago Public Schools CEO Pedro Martinez at a news conference on January 4, 2022. Manuel Martinez / WBEZ

CPS reveals $9.5 billion budget for the 2022-23 school year

The revised spending plan is about 2% larger than the current school year’s budget.

WBEZ brings you fact-based news and information. Sign up for our newsletters to stay up to date on the stories that matter.

Chicago Public Schools announced Tuesday a revised $9.5 billion budget for the upcoming school year. The budget includes funding for about 1,600 new school staff and boosts the district’s contribution to the teacher pension fund.

Reset digs into the details with an education reporter ahead of the school board vote June 22.

GUEST: Mila Koumpilova, senior reporter at Chalkbeat Chicago