All Chicago Public Schools will get teacher positions based on a set formula that favors high-poverty schools and eliminates extra money historically given to magnet and selective enrollment programs and schools.
But CPS CEO Pedro Martinez emphasized that overall magnet and selective enrollment schools will not be hurt. “What we are seeing is that there is no disproportionate impact on any one set of schools,” he said.
Principals received their school budgets for next year on Monday. The school district has yet to release the school budgets to the press and, at this point, does not plan to until later in the process. This breaks from tradition.
These are the first school budgets under a new funding formula that shifts to focusing on the needs of schools, rather than enrollment.