Another Big Enrollment Drop For Chicago Schools Drives Down Budget

Sarah Karp:

A WBEZ analysis of CPS data found that almost 200 principals asked for a share of the funds. But only $3.5 million of $20 million available was doled out to 43 schools. The analysis also showed that the small number of white, middle-class schools succeeded more than majority poor, black and Latino schools in getting the money back.

Last year, school district leaders were sharply criticized when they overhauled how money was given to schools. Rather than separate money for special education students, principals were given a lump sum of cash and told to use it to pay for both general education and special education students.

Madison spends just under $20k/student annually, about 29% more than Chicago.

Chicago plans to spend about $5.4B during 2017, or about $14,160 per student (381,349 students).