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January 15, 2008

23 of Caprio's staff to lose week's pay in budget move

PROVIDENCE -- State Treasurer Frank Caprio's managers will lose a week of pay as part of his effort to address the state's budget crisis.

Caprio says 23 nonunion employees will forfeit approximately $50,000. The furloughs will be scheduled over the next 18 months.

Rhode Island is facing a $600 million budget deficit spread between the fiscal year ending in June and the one following. Caprio tells WJAR-TV that his budget plan is a symbolic step since it won't solve the state's financial problems.

He hopes other state agencies will take similar steps.

Last year, Governor Carcieri proposed furlough days for state workers, but he later abandoned the plan amid intense opposition.

-- The Associated Press

Posted by Mike McKinney  at 6:54 PM | Permalink

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Cynic | January 15, 2008 9:33 PM link

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