Racing and Wagering Board’s current-year savings target is $1.8 million reflecting the Governor’s order for a 10.35 percent reduction in projected agency spending.
Racing and Wagering Board is currently expected to achieve its entire
$1.8 million spending reduction target.
Major Savings Initiatives
Racing and Wagering Board is implementing the following actions to achieve their savings target:
$500,000 reduction in equine drug testing.
Eliminate temporary staffing expenses for a savings of $150,000.
Full time employee attrition for a savings of $300,000.
Reduction of per diem employees for a savings of $150,000.
Subletting NYC office for a savings of $100,000.
Reduction in travel for a savings of $120,000.
Elimination of overtime for a savings of $50,000.
Reduction of office supplies/IT procurements for a savings of $400,000.