It sounds promising. CEO Barbara Byrd-Bennett is doling out supplemental general state aid money early so that various CPS schools can "offset some of the negative impacts." These state funds don't usually find their way to the buildings until October or November but the decree, with the BOE's blessing, will get to building principals right away.
Sounds good right? Wait just a second.
This year the CPS brass has implemented a student-based budgeting system meaning that each school receives a fixed sum of money per child. The school can spend the money as they see fit. So what's the problem?
The concern is that some wealthier schools and those in poor neighborhoods will get less funding this coming year than last year under this system. Also, the overall amount of funding provided to the district is lower than last year. The parent group Raise Your Hand says that districtwide cuts will amount to some $84 million. Not small change. No wonder Byrd-Bennett is getting the state money to the building principals so quickly.
Dick
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