CHICAGO - The Chicago Board of Education on Wednesday passed a $2.8 billion fiscal 1994 budget with a $299 million shortfall and called on the state legislature and unions to help close the gap.

The Chicago School Finance Authority, the board's financial oversight panel, must approve a board budget that is "balanced, complete, and reasonably capable of being achieved" before the beginning of the fiscal year on Sept. 1 in order for schools to open on time on Sept. 7 under state law.

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