by Ben VanMetre Senior Budget and Tax Policy Analyst
Cut through the rhetoric. Here are the facts.
CPS Revenues and Expenditures
Total revenues: $5,534,664,416 (source Ilearn/ISBE)
Total local revenues: $2,508,887,449 (source Ilearn/ISBE)
Total state revenues: $1,906,809,466 (source Ilearn/ISBE)
Total federal revenues: $1,118,976,501 (source Ilearn/ISBE)
Total expenditures 2011: $5,680,099,797 (source Ilearn/ISBE)
Chicago public schools will
drain their cash reserves this year and will face a $1 billion shortfall during
the following school year (source Illinois Policy
Institute)
Spending per pupil 2011
Net operating expenditures: $4,776,700,296 (source Ilearn/ISBE)
9 month average daily attendance: 350,826 (source Ilearn/ISBE)
Net operating expenditures per pupil: $13,616 (source Ilearn/ISBE)
CPS
spent $8,047 per pupil in 2000. That number reached an all-time record of
$13,616 in 2011.
Teacher salary
After adjusting for the cost of living, CPS teachers are
overpaid by 31% when compared to public school teachers in large cities in
non-collective-bargaining states (source Illinois Policy Institute)
Median salary for a Chicagoan with a bachelor’s degree: $48,866 (source
Census)
Pensions
The Chicago
teachers’ pension fund has only 32% of the money it should have in the bank
today (source Illinois Policy Institute)
The average starting pension for a Chicago teacher with 30+ years of
experience was $42,972 in 2000. This number soared to $77,496 by 2011. That's
an 80% increase (source Illinois Policy
Institute)
Teachers with 30+ years of
experience who retired in 2011 receive a pension worth more than $1.6 million
(source Illinois Policy
Institute)
Graduation rate for Chicago charter schools: 76% (source CPS)
Graduation rate for CPS citywide: 58% (source CPS)
A 2006 study found that for every
100 Chicago public high school freshmen, only six get four-year college
degrees. Among African-American and Hispanic boys, the number is three of 100
(source Illinois Policy Institute)
Other
Chicago has the shortest school year in the nation when
compared to the largest metro areas (source Illinois Policy Institute)
As a result of the three-year pension holiday that expires in 2013,
CPS retirement expenditures will climb by nearly $500 million between 2013 and
2014 (source Illinois Policy Institute)
Average teacher experience: 13.7 years (source IIRC)
From kindergarten through high school, a Chicago child will receive nearly 3 years less instructional time than a peer student in Houston. (source CPS)
A 2004 study found that 39% of Chicago public school
teachers send their own children to private schools (source Reeder Report)
The average Chicago Public School teacher scored a 19 on
the ACT test if they took it when attending high school (source Reeder Report)
Over the last two decades, CTU made more than 1,500
campaign contributions totaling nearly $10 million (source Illinois Policy Institute)
