Posted March 6, 2017 12:44 pm by Comments (1)

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A Tribune investigation last spring showed districts statewide were about $20 billion in debt, in part with the help of lawmakers who push through exceptions in the debt-limit law. The Tribune found that several dozen districts over the years have gotten permission to borrow more than their debt limit.

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1 Comment on "Despite borrowing limit, tiny Skokie school district seeks to get around state law for new school – Chicago Tribune"

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Add the pension debt to the bond debt and the debt attributed to school districts double.
Varies by school district.