Macquline King, the interim CEO of CPS, said the budget gap for the district has risen to $734 million due to costs related ...

Although Acero says it must close the campuses for financial reasons, a balance sheet provided to bondholders shows the charter network held $47.6 million in cash and investments as of the end of ...

Financial troubles continue for Acero charter schools. Seven Acero schools are in danger of closing because of a reported $40 million budget shortfall. Approximately 2,000 students and a few ...

Acero executives announced plans on Oct. 9 to close seven of the 15 schools in the charter network. Since then, students and parents have repeatedly pushed back, saying they hadn’t known about ...

Acero Charter Schools, the private organization that is planning to close seven of its campuses next year, has threatened legal action against Chicago’s Board of Education, accusing school board ...

Charter advocates blame the teachers union for Acero’s decision to close schools. Acero staff went on strike in 2018, marking the first-ever walkout against a charter school network in U.S. history.

Mayor Brandon Johnson’s school board criticized Chicago Public Schools CEO Pedro Martinez over looming charter school closures, blocked him from making a public presentation on the issue and ...

CPS board passes resolution seeking to keep Acero charter schools open 00:48. CHICAGO (CBS) -- The Chicago Board of Education has passed a new resolution meant to pressure the charter school ...

Acero’s current agreement with CPS, authorizing the charter network to operate its remaining schools, expires at the end of next school year. Chicago Tribune’s Alice Yin contributed. Advertisement ...

As a charter school network, Acero is privately managed but publicly funded. It is allowed to operate 15 campuses, largely on the Southwest Side, based on conditions set out in a contract with ...

Acero Clemente teachers on strike in 2018 (Photo: WSWS) On Wednesday night, the board for the Acero charter schools operator voted to close seven of its 15 schools in Chicago, Illinois, after the ...