All Chicago School Board Members to Resign Amid Budget Chaos.

All seven members of the Chicago Board of Education will be resigning later this month due to escalating tensions between the city and the school district, both of which are facing significant budget deficits. The decision to transition from a school board appointed by the mayor to one with elected members in November was a catalyst for the resignations. The relationship between the city and the powerful Chicago Teachers Union has been strained for years, and recent clashes over a new teachers' contract and a missing payment for pension costs have further intensified tensions. The district is expecting budget shortfalls for the next several years. [Extracted from the article]