Boston Public Schools Superintendent Tommy Chang has unveiled a $1.1 billion budget for the next fiscal year, marking a $48 million increase over last year’s budget and another record high.

Look to Gov. Charlie Baker’s budget proposal and you’ll find another record: $118.6 million more in state aid to K-12 education, coming to a total of $4.87 billion.

In the city, officials point to a lot of good news: $30 million more in teacher salaries, $17 million for extended school days, $700,000 for its enrichment curriculum and money for four new school nurses.

But as city and state officials tout those proposed increases, they’re also pointing fingers when it comes to explaining lingering shortfalls. And in a sea of jargon and funding formulae, it can be difficult to discern who’s in the right.

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