Malloy Asks Agency Heads To Cut Spending
HARTFORD, Conn. (AP) _ Connecticut Gov. Dannel P. Malloy is urging executive branch agency heads to cut unnecessary spending and identify areas of potential savings as the April tax season approaches.
Malloy told his commissioners at a Tuesday morning meeting to take necessary measures to help reduce the state’s deficit.
The cost-cutting measures include eliminating and minimizing non-critical expenditures. He said he would also ask the Judicial and Legislative branch agencies to do the same.
The Office of Policy and Management projects a $62.6 million deficit for the current fiscal year, ending June 30. Malloy blamed “disappointing income tax collections” in the fourth quarter of 2011.
Malloy said if the cost-cutting measures are not enough, he will direct the budget office to prepare a deficit plan for the legislature to consider in May.
(Copyright 2012 by The Associated Press. All Rights Reserved.)