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Chicago Public School Budget Review:FY2014

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The Chicago Public School District is the third largest school district in the United States educating around 400,000 students. Back in 1987 CPS was named “the worst in the nation”(). Moving its way up to the top, since then, CPS had completely rebuilt its structure, appointing leaders and reformed ideas. Now, with a deficit projected to be around $1 billion CPS is headed back in a downwards path, money being the biggest issue. The United States Federal Government already has financial issues of its own, which makes dealing with a CPS budget a problem within a problem. CPS, with a $6.6 billion FY2013 budget, is now taking a new strategy based upon a flawed “Student-Based Budgeting System”. The Board of Education is also struggling to solve the debt they have reached, and with their FY2014 plans this year’s budget book is argued to be “one of the most poorly written budgets”(). The way CPS is handling their budget is not benefiting the lives and education of students and is leaving CPS at a loss with giant financial issues. Parents want the best for their children, no question, and the highest educational standards will be something that parents have on the top of their list. There is enough support to say that people who have received better education have gotten further in life. Even our president Barack Obama has spoken about how important it is to make sure the children are being educated to their fullest. Learning the ability of critical thinking and problem-solving gives way towards national prosperity. (Bok, Higher Education) It is easy to see that there is a strong urge to get the best education you can receive for a reason. Education is and will always be an important factor within our society. Mo... ... middle of paper ... ...nt-based budgeting." ABC Local, 2013. Web. Feb 2014 Snell, Lisa. A Handbook for Student-Based Budgeting, Principal Autonomy and School Choice. Los Angeles: Reason Foundation, 2013. E-book. "Chicago Public Schools Budget Tool." CPS Budget Tool. Web. 13 Feb. 2014. "Education Budget Cuts." Education Budget Cuts. Web. 10 Feb. 2014. "Pages - Budget." Pages - Budget. Web. 13 Feb. 2014. "Press Release." Chicago Public Schools : Despite $1 Billion Deficit and Lack of Pension Reform, Proposed FY14 Operating Budget Protects Investments in Student Learning. Web. 13 Feb. 2014. "CPS Moves to Student-based Budgeting." Chicago Public Schools Moves to Student-based Budgeting. Web. Feb. 2014. "Institute for Illinois' Fiscal Sustainability." State Funding for Chicago Public Schools. 21 Aug. 2013. Web. 17 Feb. 2014. Proposed Budget. Chicago: Chicago Public Schools, 2013. E-book.
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