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U 6;2 <br />Fiscal Impact <br />If the Governor's proposal is implemented and the VLF is not restored to its original level, the <br />City will experience an estimated loss of $1.5 million in fiscal year 2002/2003, and an <br />estimated loss of $3.3 million in fiscal year 2003/2004, as well as future annual escalating <br />losses. <br />alcol <br />Public Communications <br />Manager <br />Magd Gonzalez <br />Assistant to the CrManager <br />/ kl2 tt <br />Ed Everett <br />City Manager <br />Attachments <br />Resolution <br />