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Growing deficit vexes Chicago schools
Chicago schools face a mounting deficit and investor anxiety over a 68.5 million short term note sale. The system relies on state and federal aid for most of its 1.1 billion dollar budget while teachers' pay hikes and staffing costs drive the deficit.
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Chicago
Chicago Board of Education
Detroit
New York City
Philadelphia
Joseph Hannon
Tate Tate
Thomas Vaughn
First National Bank of Chicago
Paul E. Peterson
University of Chicago
New York
Los Angeles
Houston