Thursday, March 15, 2012

ASK CATALYST

State poverty funds that go directly to CPS schools have been capped at $261 million since 1995. But the poverty funds that go to central office have been increasing. How is CPS spending its portion?

Valencia Rias, Designs for Change

The state sent an additional $69 million in poverty funds to CPS lor fiscal year 2007, raising the total to $355 million, according to CPS Budget Director Pedro Martiniz. All of the additional funds were spent on raises and benefits for teachers and other school staff, he says. CPS' general education fund includes state poverty money, other state funding and property tax revenue. The general fund pays for everything from salaries to textbooks …

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