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Progress Reports – Financial Control Board

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  1. Spending Reduction Target
    • The Financial Control Board current-year savings target is $254,000, reflecting the Governor’s order for a 10.35 percent reduction in projected agency spending.
    • FCB is expected to achieve its entire $254,000 spending reduction target.
  2. Major Savings Initiatives
    • The FCB is implementing the following actions to achieve their savings target:
    • Adhering to the statewide hiring freeze to lower personnel expenses; and
    • Limiting spending for technology, travel and office supplies.
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