Rell's reorganizing a plan for economic development | Fairfield County Business Journal | Professional Journal archives from AllBusiness.com
Facebook Twitter You Tube RSS Feed
Recommends

Rell's reorganizing a plan for economic development

By Gurliacci, David

Feb 27, 2006 2006
Published on AllBusiness.com

More

Before Gov M. Jodi Rell, gave her State of the State speech, her office announced it would include a "large restructuring of state agencies" to favor economic development and a "transformed" Department of Economic and Community Development (DECD).

Details of the plan show it to be much less sweeping a department's name is changed, three financing programs are gathered into one larger office, a policy coordinator position is created in the governor's office and three small units are added to the DECD, which would be called the Department of Business and Employment (DBE).

The consolidation of financing programs for businesses and organizations involved in health or education would result in no new funding; the new units of the future DBE would amount to $750,000 in overall new spending, while the department as a whole will increase spending to $21 million, an increase of $2.3 million.

Rell said the moves will help the state make economic policy and help it hire individual companies to the state.

TRENDING NOW:   Save. Spend. Do.,  Free Downloads!,  Credit Crunch Plagues Small Businesses,  Business Resource Center,
BootCamps

AllBusiness Slideshows

seeallslideshows

New On AllBusiness

Find Pre-Screened Suppliers. VoIP, Web Designers, Credir Card Processing, Online Marketing, Telemarketing, Payroll Services VoIP Web Designers Credir Card Processing Online Marketing Telemarketing Payroll Services View all 100 categories