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Compensation Board (157)

67.95.Executive Management (71300)-5,270,4190
Savings From Management Actions (71301)-5,270,4190
Fund Sources:General-5,270,4190

Authority: Discretionary Inclusion

A. Included in this appropriation is $15,792,620 the first year from the general fund to eliminate the constitutional offices' across-the-board funding reduction strategy.  As of July 1, 2010, the Compensation Board shall not implement reduction strategies relying on personnel turnover and vacancy savings from constitutional offices.

B. Included in this appropriation is a reduction of $21,063,039 the first year from the general fund to reflect savings due to adjusted payable retirement benefits rates identified in Item 469, paragraph I.1.


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