Nebraska State Treasure Don Stenberg hopes he is leading by example.
“There are many politicians who say they are in favor of cutting government spending but they never actually do it, especially when it comes to their own budget. We’re facing some difficult economic times. It looks like things are improving but we need to economize in government just like families are economizing in their household budget.”
Today, Stenberg announced that he is making cuts to the State Treasure’s Office over the next two fiscal years.
“I’ll as the Appropriations Committee of the Nebr. Legislature to cut my budget by over 700-thousand dollars next fiscal year and over 1.4-million over the next two fiscal years. That is a reduction of about 13-percent. There are several components to the budget reductions I’m recommending. We are reducing our equipment purchases, travel expenses, legal service expenses, temporary employee expenses, conference registrations and child support notices.”
Stenberg says besides not using temporary workers, there will be no positions cut.
“There are a number of people over the last 8 to 12 months who have left the Treasure’s Office and we will not be filling those positions. Because we have not filled those positions we will not be necessary to lay anyone off to accomplish the 13-percent budget reduction.”
Stenberg plans on asking the Appropriations Committee for the reduction on March 10th.
“I’m sure the legislature will be very happy with a 13-percent cut to the State Treasurer’s Office.”