Beshear - Mongiardo Accepting 10% Pay Cuts
Frankfort, KY – Later this week, Governor Beshear will announce how the administration will deal with a projected 456-million dollar state revenue shortfall. He warns his plan will require sacrifices by everyone in state government, and he and Lt. Gov. Dan Mongiardo will begin by taking ten percent pay cuts in the next calendar year. "It's obvious that this is not going to substantially affect the shortfall. But it's a symbol."
Several members of the governor's senior staff have also volunteered to take ten percent cuts. The governor says he will not ask for the same from his cabinet secretaries, because many are already sacrificing better salaries in the private sector. Beshear makes around 124-thousand dollars a year. The lieutenant governor makes almost 102-thousand.