CPS' $1.1 billion fund balance is a major improvement from negative balances almost a decade ago. But although CTU believes, "They have a sufficient amount of reserves,” CPS' leaders says: "There is no mythical pot of gold.

The $1.1 billion fund balance is a massive improvement from negative balances almost a decade ago. But although CTU believes, "They have a sufficient amount of reserves,” officials at CPS say, "There is no mythical pot of gold.

Chicago Public Schools and the Chicago Teachers Union continued contract negotiations Monday, with a key focus on sanctuary city protections for undocumented students and staff.

Chicago Public Schools and the teachers union are still arguing over how much money there is for a new contract. The Chicago Teachers Union (CTU) points to a $1.1 billion dollar TIF fund balance as proof it can afford to settle the contract.