Chicago Public Schools has agreed to pay the state $10.9 million annually for the next eight years to return $87.5 million that had accidentally been funded to the district — and the district expects to lose another $45 million in funding this year because of the error.
Some Chicago Public School students and community members are getting their say on the lunch menu for the upcoming school year.has agreed to pay the state $10.9 million annually for the next eight years to return $87.5 million that had accidentally been funded to the district — and the district expects to lose another $45 million in funding this year because of the error.
A contractor working with the state during former Gov. Bruce Rauner’s administration made a coding error that overstated the enrollment of students at state-authorized charter schools in districts with more than one such school, officials said in the spring. CPS is the only district with more than one state-authorized charter school, so it was the only system to get money it shouldn’t have.The mistake led CPS to receive $87.
CPS spokeswoman Mary Fergus said the eight-year payment plan "would provide the least amount of impact to our students." But "the larger concern to CPS is the reality" that the state’s correction to its funding formula also means CPS is set to lose an additional $45 million in state funding this year from its previous projections.
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