Back to Cook County Risk Audit
Independent School District • IL
Chicago Public Schools (District 299)
Public Bond Indebtedness, Interest Obligations & Debt Service Tax Pressure
98% Conf.
Tax Drift Index
94/ 100
Severe Drift Risk
Chicago Public Schools (District 299) Bond Carrying Cost Briefing
MSRB EMMA Official Bond Filings & State Education AgencyAugust 2026
Chicago Public Schools carries $8.9B in debt and significant pension obligations, resulting in annual debt service exceeding $480M that directly drives Cook County property tax levy expansion.
M&O Rate: 1.0%I&S Debt Rate: 0.1%Combined Rate: 1.1%
Total Outstanding Bond Debt
$8.9B
Voter-Approved Capital Bonds
Debt Burden Per Student
$27,554
Among Top 5% Nationally
Student Enrollment
323,000
Active K-12 Student Population
Annual Debt Interest Service
$480.0M
Annual Interest & Sinking Outflow