The Chicago school administration is every bit as wretchedly corrupt as the Chicago teacher's union, and has been for many decades. I got to see some of that when I was a high school student at a Chicago public high school back in the '70s.
I very much doubt honesty, integrity, and serving the best interests of students and parents has improved during the intervening years.
How will they handle this? Well, the current mayor of Chicago is a former Chicago teacher's union goon, so if you imagine a terrible outcome . . . you're probably still being an optimist.
But I stopped caring a while back - the people of Chicago know what they want, voted for it, and are now going to get it. Good and hard.