Cheat Sheet: Chicago Public Schools
Cut through the rhetoric. Here are the facts. CPS Revenues and Expenditures Total revenues: $5,534,664,416 (source Ilearn/ISBE) Total local revenues: $2,508,887,449 (source Ilearn/ISBE) Total state revenues: $1,906,809,466 (source Ilearn/ISBE) Total federal revenues: $1,118,976,501 (source Ilearn/ISBE) Total expenditures 2011: $5,680,099,797 (source Ilearn/ISBE) Chicago public schools will drain their cash reserves this year and will face a $1 billion shortfall during the...