The Brief The Chicago Board of Education approved a $9.96 billion amended CPS budget in an 11-7 vote, saving roughly 1,000 jobs. The budget depends on $150 million in state funding that has not yet been approved, prompting CPS to warn of financial risks. The CTU praised the vote as a win for students and educators, while CPS said uncertainty remains over payroll and school funding. The Chicago Board of Education approved an amended Chicago Public Schools budget Thursday after hours of tense debate. What's next:While the amended budget prevents immediate layoffs, significant financial questions remain.