You are the Finance Director for the Virginia Department of Transportation (VDOT). Governor Terry McAuliffe has mandated a 4% cut in all agency budgets for 2015 to meet the projected state shortfall.
Your task is to make a recommendation to the Director of what cuts you would make to the $4.3M projected expenditures to achieve a 4% reduction in spending. You can assume that the Government will take the surplus that you generate to replenish the Commonwealth’s Rainy Day Fund.
You must be realistic in your plan and provide a justification to the Director to the ends that you are suggesting. Your report should be in the form of a Executive Summary of at least 600 words
VDOT 2015 Budget