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CHICAGO — Chicago Public Schools has announced the layoff of 62 employees, 17 of them teachers, citing its efforts to stabilize its finances by eliminating $85 million from school budgets.

In announcing Monday’s move, the school district said those laid off include 43 full-time and 19 part-time employees.

Chicago schools CEO Forrest Claypool says the fact the cuts are needed is unfortunate for the district’s students, principals and teachers.

In announcing the layoffs, school officials pointed to the failure of Gov. Bruce Rauner and the Legislature to come up with a school funding plan. They come as the school district faces a $1.1 billion budget deficit, no income from the state of Illinois and no contract with the Chicago Teachers Union.

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