Treasurer Timothy P. Cahill said he will cut the state lottery's budget by $3 million, avoiding layoffs but trimming costs.
(JONATHAN WIGGS/GLOBE STAFF/FILE 2008)
Lottery earnings expected to decline
$17m reduction forecast in '08 as economy sputters
Treasurer Timothy P. Cahill said he will cut the state lottery's budget by $3 million, avoiding layoffs but trimming costs.
(JONATHAN WIGGS/GLOBE STAFF/FILE 2008)
The state is bracing for a 1.5 percent drop in lottery revenues this year, another troubling result of the economic crisis that could erode a key source of state aid for cities and towns, Treasurer Timothy P. Cahill said yesterday. (Full article: 883 words)
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