In first day as governor, Malloy starts transition to GAAP.

Posted on January 6, 2011. Filed under: Uncategorized |

Shortly after being inaugurated as the new governor of the state of Connecticut, Dannel Malloy set the wheels in motion on one of his big campaign issues, issuing an executive order to begin the transition to GAAP. (Hooray!)

While the official language of the executive order doesn’t delve much into details, it’s most certainly a step in the right direction. The details of where Malloy will go regarding spending, taxes, and the rest of his plan will likely be revealed in the coming weeks, but today, we celebrate Malloy taking a step in the right direction.

Read the full text of Dan Malloy’s “State of the State” address.


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