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Several school districts across the U.S., including Braintree, Cherry Hill, and Chicago, are facing significant budget deficits or changes in funding formulas. Braintree confronts an $8 million deficit, Cherry Hill anticipates a $6.9 million cut in state aid, and Chicago Public Schools is transitioning from student-based to needs-based budgeting, aiming to fund certain set positions at every school. The changes signal tough decisions and potential impacts on school funding distribution and enrollment.