Chicago Public Schools issued layoff notices to 1,458 staff due to enrollment changes, not the $734 million deficit.

District officials haven't said when they’ll be able to pay teachers retroactive raises for last school year and more layoffs ...

Chicago Public Schools interim CEO Macquline King sat down with us to discuss the district's precarious financial situation ...

CHICAGO — Three weeks before delivering his 2025 budget address, Chicago Mayor Brandon Johnson was asked, ... The mayor and his financial team face an enormous challenge.

Still, in several cases, the new compliance requirements demand that theaters no longer do the specific work they were founded to do. For example, Chicago’s About Face Theatre, which stages ...

Chicago taxpayers might be on the hook for billions more in new costs thanks to a bill that quietly passed in Springfield.

Dr. Macquline King is a former Chicago Public Schools student, teacher and principal, and she is now is serving as the ...

The toughest stretch so far of Mayor Brandon Johnson's term awaits this fall as he confronts a budget cap of nearly $1 billion and other challenges.

Chicago Budget Director Annette Guzman announced a citywide hiring freeze as part of her office's efforts to mitigate the nearly $1 billion deficit projected for 2025.

“Chicago’s long-term liabilities, particularly our pension obligations, have been a significant fiscal challenge for decades, placing unique pressures on the City’s budget,” the city said ...

After multiple attempts, Chicago Mayor Brandon Johnson got his 2025 budget through the City Council, without the property tax increase he proposed in October. The final $17.3 billion budget ...

Chicago Mayor Brandon Johnson is proposing a $300 million property tax hike — breaking a campaign promise — to help close next year’s nearly $1 billion budget shortfall.