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.

Control over curriculum, teacher planning time and teacher evaluations are major sticking points nine months into talks between the CTU and the school district.

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.

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.