A new Chicago Public Schools budgeting formula designed to redistribute resources based on students’ needs is shaking up a school system that has long budgeted based largely on student enrollment, ...

CHICAGO (WLS) -- As Chicago Public Schools is about to wrap the school year, many students, especially on the South and West sides, will return in the fall with schools that may include more teachers.

Chicago Public Schools recently released its preliminary school budgets for the upcoming school year. This is extraordinary due to the fact that the formula for awarding funding has significantly ...