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CPS Construction Budget Hits $423 Million for 2015

By DNAinfo Staff on May 2, 2014 10:14am  | Updated on May 5, 2014 8:32am

  Chicago Public Schools set its construction budget at $423 million for 2015, part of a broader five-year plan aimed at relieving overcrowding, adding specialized classrooms and modernizing buildings across the school system.
Chicago Public Schools set its construction budget at $423 million for 2015, part of a broader five-year plan aimed at relieving overcrowding, adding specialized classrooms and modernizing buildings across the school system.
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CHICAGO — Chicago Public Schools set its construction budget at $423 million for 2015, part of a broader five-year plan aimed at relieving overcrowding, adding specialized classrooms and modernizing buildings across the district.

Through 2019, CPS plans to spend $1.1 billion on capital projects, according to a Friday morning announcement.

About $160 million of that money will come from "outside funding and other revenue sources," CPS said.

Among the investments for 2015:

• $11.7 million for science labs, art labs and accessibility improvements for International Baccalaureate programs at Agassiz, Ebinger, Moos and Peirce elementary schools

• $22 million for repairs at Lane Tech College Prep

• $60 million to build the recently announced Barack Obama College Preparatory High School

• $16 million to expand Walter Payton College Prep

• $20 million to add air conditioning in 57 schools