Story thread · 22 reports / 11 sources

Chicago’s school board rescinded many layoffs with uncertain money. What’s next?

chalkbeat.org · 10dShare

Sign up for Chalkbeat Chicago’s free daily newsletter to keep up with the latest news on Chicago Public Schools. A divided Chicago school board passed a nearly $10 billion budget late Thursday that preserves jobs but relies on an additional $150 million in state funding that may not materialize. Chicago Public Schools CEO Macquline King, whose proposal included cuts that the board amended, swiftly sent an email to parents sounding an alarm and floating the possibility that school may not start on time Aug. 24. “As it stands right now, though, we do not know if we will be able to secure the short-term financing needed to pay our employees in September, which would effectively shut down the district just as staff and students are set to return,” King said in her Thursday night email to families. Multiple financial experts say that is unlikely because the district should be able to secure a short-term loan, albeit with high interest. Last year’s budget avoided cuts to the classroom. This

First report: Cobb approves $1.41B budget, unchanged millage rates — mdjonline.com, 13d