Minutes after being sworn in as the 88th governor of Connecticut, Dan Malloy signed three executive orders, including one that orders state government to begin transitioning to Generally Accepted Accounting Principles.
“These executive orders will open this new chapter in our state the right way,” Malloy said in a prepared statement. “I ran for this office to create new jobs, keep the ones we have and, importantly, get our state’s fiscal house in order once again. By signing an order mandating that our state begin to transition into Generally Accepted Accounting Principles – the same standard used in other states, Fortune 500 companies, and required of municipalities – we will begin to move toward honest budgeting and fiscal responsibility.”
“We require every city and town to do it, now we will require the state to do it,” Malloy said of GAAP as he addressed a joint session of the legislature Wednesday.
Click here to read Malloy’s first executive order.
A second order mandated the preservation of the emails of state employees who served under former Gov. M. Jodi Rell. The backup copies of these emails were set to be destroyed within 60 days of Malloy taking office.
The third order revises Rell’s executive order 27-A, which prohibits retired state employees from continuing to work for the state after 240 days. The executive order became necessary in order to keep some of Rell’s commissioners in place as Malloy works on filling their positions.
“These three orders will set the tone for my administration, and I’m looking forward to getting down to business on behalf of the people of Connecticut,” he said.