Progress Reports – Deferred Compensation Board

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  1. Spending Reduction Target
    • The Deferred Compensation Board’s current-year savings target is $53,000, reflecting the Governor’s order for a 10.35 percent reduction in projected agency spending. The Board is currently expected to achieve its entire $53,000 spending reduction target.
  2. Major Savings Initiatives
    • The Deferred Compensation Board is already in the process of implementing permanent reductions in non-personal service spending to achieve their savings target.
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