CHICAGO - The Chicago Board of Education last week approved a fiscal 1994 budget that was balanced partly with anticipated proceeds from a bond issue designed to bail out the financially troubled school system.

In a press release, the board proclaimed that its current financial crisis ended with the passage of the $2.7 billion budget for the fiscal year that began Sept. 1.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.