By Heather Cherone, includes “Although Mayor Lori Lightfoot has said for months that it’s too early to detail the damage done to Chicago’s already precarious financial position, Bennett told the members of the city’s Finance Committee that the toll was beginning to be clear. ‘The size of this problem is huge,’ said Bennett, Lightfoot’s top financial advisor. … However, the City Council will not have to revise the city’s 2020 spending plan, Bennett said, in spite of the steep drop in tax revenues and soaring expenses …”