DCF Saves 21 Million Tax Dollars
January 3rd, 2013 by flanewsThe Department of Children and Families has brokered a deal that will save taxpayers 21 million dollars over the next three years.
DCF is hiring a new company to manage its EBT cards. The cards are loaded with food stamps and cash assistance for needy families. Right now the program costs more than 20 million dollars a year. DCF spokeswoman Erin Gillespie says, after some tough negotiating, the department found a company to do the work for nine million.
“Anywhere we can take an administrative service and reduce that cost means that we can serve more people on the front end who are in need right now,” said Gillespie.
JP Morgan holds the current contract. The new contract is with eFunds. It goes in to effect in July. The transition isn’t expected to impact cardholders.
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