Post by Logan on Apr 27, 2016 23:33:25 GMT -6
Kentucky Cabinet secretaries and agencies given 5 days to plan 4.5 percent cuts
Gov. Matt Bevin’s State Budget Director John Chilton sent a letter to state agencies and cabinet secretaries yesterday giving them five days to present drafts of their proposed 4.5 percent cuts in the current fiscal year as requested by the governor.
Addressing the letter to cabinet secretaries or independent agency heads, Chilton’s letter said the executive budget passed by the General Assembly in the 2016 legislative session assumes the reductions amounting to $53 million will carry forward into fiscal year 2017, the first year of the biennium.
The Office of State Budget Director’s letter indicates the respective agencies have until close of business on May 2 to provide its office with a draft plan showing how cabinets and state agencies plan to make Bevin’s mandated cuts.
In his budget proposal, Bevin has forecasted $650 million in savings by making 4.5 percent cuts across the board to state cabinets and agencies within the current fiscal year and an annualized 9 percent cut during the biennium budget.
Read more: www.state-journal.com/2016/04/27/cabinets-given-5-days-to-plan-4-5-percent-cuts/
Gov. Matt Bevin’s State Budget Director John Chilton sent a letter to state agencies and cabinet secretaries yesterday giving them five days to present drafts of their proposed 4.5 percent cuts in the current fiscal year as requested by the governor.
Addressing the letter to cabinet secretaries or independent agency heads, Chilton’s letter said the executive budget passed by the General Assembly in the 2016 legislative session assumes the reductions amounting to $53 million will carry forward into fiscal year 2017, the first year of the biennium.
The Office of State Budget Director’s letter indicates the respective agencies have until close of business on May 2 to provide its office with a draft plan showing how cabinets and state agencies plan to make Bevin’s mandated cuts.
In his budget proposal, Bevin has forecasted $650 million in savings by making 4.5 percent cuts across the board to state cabinets and agencies within the current fiscal year and an annualized 9 percent cut during the biennium budget.
Read more: www.state-journal.com/2016/04/27/cabinets-given-5-days-to-plan-4-5-percent-cuts/