
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