Author: Mila Koumpilova, Reema Amin

Sign up for Chalkbeat Chicago’s free daily newsletter to keep up with the latest news on Chicago Public Schools.Facing intense financial pressures, Chicago Public Schools officials unveiled a proposed $9.88 billion district budget that includes five furlough days and a spending freeze that could start in January. But they said they hope to avoid those measures by persuading state lawmakers or the city council to steer more dollars to the school district. District leaders said hundreds of staff layoffs, a push for more revenue, and other cost-saving measures took a $450 million bite out of the $732.5 million deficit the…