But the mayor conceded that “the situation remains very fluid” and said she is strongly pushing to have future federal COVID relief packages include not only money to reimburse the city for extra health care and related costs, but also make up for money not coming in from sales, income and other taxes.

Here are the details:

According to the mayor and her financial team, headed by Chief Financial Officer Jennie Bennett and Budget Director Susie Park, the already enacted $2.2 trillion federal stimulus bill will deliver about $550 million to the city itself, $800 million to the CTA and $205 million to Chicago Public Schools. Other aid will go to Chicago airports, but Lightfoot gave no figure.

The bulk of that already is going out the door in the form of increased expenses. For instance, CTA vehicles are nearly empty, with buses today implementing a system in which everyone enters from the rear door without paying a fare. Setting up the emergency hospital facility at McCormick Place and other medical expenses alone cost about $100 million, officials said.

Much of the rest of the anticipated federal aid is earmarked for additional services, Lightfoot said, with $72 million, for instance, targeted toward the homeless and seniors.

Such funds are “directed toward reimbursement,” Lightfoot said. “It’s (expenditures) that aren’t budgeted for,” and, while the aid is helpful, the city is pushing Washington for funds to replace lost tax revenue.

Lightfoot and her team insisted that, given everything, the loss of revenue hasn’t been too bad. “There’s a yin and yang to the economic impact,” the mayor said, with revenues from ride-hailing and video-streaming taxes actually rising. “Some things are up and others are down."

While it’s too soon to tell for sure, the mayor said, she took layoffs and a delayed pension payment off the table when and if the city recalculates its budget.

Layoffs "don't make sense to us" because government should be spurring and not retarding growth now, Lightfoot said. As for pensions, "We're not going to compromise our long-term financial position."

Lightfoot et al. continued to assert they expect to receive $160 million in the form of a higher Medicaid reimbursement for the use of Fire Department ambulances. That application, sent to the state, has been pending in Washington for several months now, with money already included in the city’s 2020 budget.

However, Bennett added, the city is closely examining a move by the Federal Reserve today to free up $500 billion for low-income loans to states and cities to preserve their liquidity.