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Merry Christmas

Posted on December 17, 2008 at 8:14 am

It’s time to cut the budget:

State agencies have until Dec. 30 to submit two-tiered plans detailing how they will cut an average of 14.58 percent from their base budgets in the upcoming 2009-2010 budget, according to a memo issued Tuesday by Finance Commissioner Dave Goetz.

Department heads and the budget office also have been ordered to prepare for possible 5 percent cuts on top of that. That would bring most departments’ base budget reductions to nearly 20 percent “if economic conditions continue to deteriorate,” Commissioner Goetz’s memo says.

Officials had little immediate comment on the memo, issued late Thursday afternoon.

The Collective

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