The FY2021 capital budget is funded by future bond proceeds backed by Evidence-Based Funding (EBF), potential state capital funding, and potential outside resources as they become identified.įull details on the FY2021 capital budget are available on the interactive capital plan website: The site allows users to quickly select projects by school, geographic area, type, and year.ĬPS’ capital plan aligns with the priorities outlined in the draft Educational Facilities Master Plan. Additionally, CPS is investing $100 million in the next five years to ensure all CPS campuses are more accessible. These projects include major renovations to ensure our schools stay warm and dry, facility construction to relieve overcrowding, security cameras to provide a safer environment for our children, and renovations to aid programmatic enhancements, among others. Since FY2016, CPS has invested over $2.1 billion into capital improvements across the district. Our average facility age is over 80 years old, and the total CPS facility need is over $3 billion. The CPS facility portfolio includes 522 campuses and 798 buildings. The district conducted five public meetings and evaluated over 800 survey responses to gather community input during the capital plan development process. In addition, the FY2021 capital budget planning process included several enhancements, most notably around transparency and community outreach. The district's Equity Office played an important role in developing the FY2021 capital proposal by helping to ensure that resources are distributed fairly and equitably across CPS schools so that all students can share in the district's record-setting progress. To support schools throughout the city, the FY2021 capital plan provides funding in six main areas: critical facility needs, interior improvements, programmatic investments, overcrowding relief, site improvements, and IT and security upgrades.ĬPS is committed to promoting equitable access to high-quality school environments, and equity served as the foundation for the FY2021 capital plan. The FY2021 budget for Chicago Public Schools (CPS) includes a capital budget totaling $758 million of investments that will focus on priority facilities needs at neighborhood schools full-day Pre-K expansions ADA accessibility and continued expansion of technology upgrades, modern science labs, and other academic priorities.
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