Gov. Haley praises LLR's direct savings to businesses and taxpayers
COLUMBIA, S.C. – Governor Nikki Haley today announced direct savings to the businesses and taxpayers of South Carolina that Department of Labor, Licensing and Regulation Director Catherine Templeton has been able to achieve in her first two weeks on the job.
Gov. Haley said, “The Haley administration has asked all of our Cabinet members to show results to the people of this state quickly. What Catherine Templeton has done for the businesses and taxpayers of this state in two weeks at LLR is what I want the rest of our Cabinet to follow in the next year. We are proud of Catherine's leadership and look forward to more successes.”
Direct savings include:
- Reduced requested General Fund allocations by almost $600,000 from the Sanford budget.
- Reduced fees for 98,373 licensees in South Carolina for a savings of approximately $1.6 million per renewal cycle.
- Reduced verification fee payable to the agency by various businesses throughout the state for a savings to businesses of $60,630 annually.
- Created a savings in salary and benefits of $550,000 annually by executing a reduction in force and not filling vacant positions.
- Cut waste in current Fire Marshal's budget to find $650,000 for the Urban Search and Rescue.
- Annual savings of $2,500 from using letterhead templates instead of ordering from Prison Industries.