Statement from Gian-Carl Casa, President and CEO of CT Community Nonprofit Alliance on fiscal accountability reports issued from OPM and OFA.
“The fiscal accountability reports issued by Office of Policy and Management and Office of Fiscal Analysis underscore that the state’s revenue mechanisms are generating hundreds of millions of dollars of surplus into the future. Over the next five years, OFA predicts a total of $1.4 billion in surpluses; OPM predicts a total of more than $2 billion.
“Connecticut’s positive budget outlook is an opportunity to invest in the people who depend on social and human services provided by nonprofits. It’s also compelling evidence that those investments can be sustained.”