Chicago mayor proposes $16.6 billion budget with major boost for public schools
More funding to avoid midyear cuts
Chalkbeat
TIF surplus to support schools
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Pension payment still under review
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Investments beyond schools
Next steps
Chicago Mayor Brandon Johnson has proposed a $16.6 billion city budget for 2026, allocating $552.4 million to Chicago Public Schools (CPS) — a substantial increase from the $379 million the school board projected when it passed its own $10.2 billion budget in August.
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