Progress Reports – Racing and Wagering Board

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  1. Spending Reduction Target
    • 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.
  2. 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.
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