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Receive and File — Budget Update — Preliminary Financial Impact related to COVID-19 <br />April 21, 2020 <br />Page 7 <br />described above (e.g. CalPERS increase, OCFA increase, negotiated employee compensation <br />increases). <br />Exhibits: 1. Budget and Financial Policy <br />2. Fiscal Impact <br />65A-7 <br />