Governor Robert Bentley on Thursday provided an end-of-the-year update on the Road to a Billion Dollars in Savings, the state’s long-term effort to identify greater efficiencies and cost savings in government.

More than $750 million in current and projected annual savings have now been identified, up from $674 million in savings that had been identified when the plan was first announced in July.  The additional savings come through measures such as bond refinancings, contract renegotiations and workforce right-sizing.

“I am committed to an efficient state government, and we’re making great progress in saving taxpayers a billion dollars a year,” Governor Bentley said.  “The people of Alabama deserve a government that makes wise use of taxpayer dollars, and that’s what we’re giving them.  I am confident we will reach our goal of identifying a billion dollars in average annual savings by the end of this term.”

The additional savings, along with ad

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