Chicago school board approves $5.8 billion budget

Published July 23, 2014 10:50pm ET



CHICAGO (AP) — The Chicago Board of Education has approved what officials say is a “stop-gap budget” that doesn’t solve the school district’s long-term financial problems.

The Civic Federation, a watchdog group, criticized the $5.8 billion budget Wednesday as “gimmick-based” for using a one-time accounting fix to balance the year’s budget.

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