Some charter schools won't survive proposed budget cuts

Several of Chicago's 130 charter schools fear they won't be able to afford to reopen their doors in the fall if proposed budget cuts from Chicago Public Schools become a reality.

CPS has said it may have to cut per pupil funding by about 43 percent compared to last year as Illinois' largest school district lobbies state legislators for financial help. District schools will see a loss of about one in four dollars on average once their federal and state money shakes out.

CPS has warned some principals to expect drastic cuts to the amount of money the district allocates per student. For fourth- to eighth-graders, that sum will fall from more than $4,000 to $2,495 whether the student attends a district-run or charter school.

CPS spokesman Michael Passman said none of the charters have informed the district they cannot open in the fall.

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