Friday, December 25, 2020

Spending non existent money

Chicago Public Schools plans to use federal stimulus dollars to close a budget gap and reopen school buildings in early 2021, school chief Janice Jackson said Tuesday.

The school district expects to receive about $800 million from the latest coronavirus relief package, netting an estimated $720 million after it sets aside $80 million for private schools. Jackson said $343 million could be used to close a midyear budget hole, while $375 million will go toward emergency expenses connected to remote learning and reopening this school year and next.

The stimulus package is not yet a done deal. It must be signed by President Donald Trump, who criticized the deal Tuesday.

The CPS must have inside information on Trump's plans. 

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