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POLITICSAug 3 · 19:38 UTCBLOCK CLUB CHICAGOReema Amin, Chalkbeat and Becky Vevea, Chalkbeat

Chicago’s School Board Rescinded Many Layoffs With Uncertain Money. What’s Next?

Chicago’s school board passed a $10 billion budget preserving jobs but relying on $150 million in uncertain state funding. The district may need a short-term loan to cover September payroll, which could be costly due to high interest. The budget decision is tied to political tensions over Illinois’ school funding formula and upcoming school board elections.

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