Monday, July 20 - 2nd Budget Hearing

The Chicago Public Schools Board of Education held its second FY27 budget hearing on July 20, 2026, to discuss the proposed $9.88 billion budget for the 2026-2027 fiscal year. The hearing included public comments from educators and union representatives expressing strong opposition to proposed furlough days and layoffs, emphasizing the negative impact on students and staff. The budget presentation detailed a $732 million deficit reduction plan, including reductions in core teaching positions, central office budgets, and healthcare costs, while increasing special education staffing and maintaining investments in student safety and support programs. Board members discussed the critical need to pass the budget by August 29 to secure necessary Tax Anticipation Notes (TANs) for payroll and highlighted ongoing efforts to advocate for additional funding from the city and state. The hearing underscored the challenges of balancing fiscal responsibility with protecting educational services amid funding shortfalls and the importance of continued community engagement and legislative advocacy.