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Chicago Board of Education Statement: Board Approves CPS' Proposed FY2026 Budget

August 28, 2025

The Chicago Board of Education (Board) approved the CPS FY2026 budget, which establishes appropriations for the fiscal year across all schools and District operations equitably, sustainably, and in a manner reflective of the communities we serve. This budget reflects the District’s core value to place students at the center of its work in alignment with its five-year strategic plan.

The Board’s vote speaks to its commitment to honor our students’ incredible potential. The Board will continue to work collaboratively with CPS leadership, community stakeholders, and our local and state leadership to advance solutions that expand the District’s revenue options and secure long-term financial stability.