Mayor Rahm Emanuel at his post-Council meeting presser on Wednesday.

Expecting the Chicago Public Schools’ $215 million budget hole to remain unaddressed by Springfield, Ald. Rick Muñoz (22) and other members of the Progressive Caucus met with Chicago Teachers Union President Karen Lewis last Friday to discuss the possibility of tapping into the city’s reserve funds. The city has $500 million set aside from the 2015 Skyway sale and $120 million set aside from the 2008 parking meter lease deal. Munoz’ plan is only one of the many pitched by aldermen to keep schools open for a full school year.

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