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CPS must present a plan to close its deficit by Aug. 13: What are the options? - WBEZ Chicago
https://www.wbez.org/education/2025/08/04/cps-budget-deficit-solutions-furloughs-layoffs-tax-increases-borrowing
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After trims this summer, the school district's budget hole is $569 million. The options are few but include borrowing, furloughs and banking on new funds that may or may not materialize.