Nonprofits say state funding boost would save taxpayers money

Nonprofits say state funding boost would save taxpayers money

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The CT Community Nonprofit Alliance, a group of about 600 organizations across the state that rely on government funding, has said its agencies are collectively $462 million in the hole every year due to stagnant state funding and inflationary cost increases. Alliance officials are asking lawmakers for about $92 million a year from future projected surpluses for the next five years to help make up the difference and meet demand.

Since Connecticut relies on nonprofits to provide most of its human services, it’s only fair to increase spending as the demand for services increases, said Jeff Shaw, senior director of advocacy and public policy for the Alliance.

“The time really is now to restore the funding that’s been cut over time and make sure these services are available to people that need them,” Shaw said. “The economy will also be better off in the end.”

Source Name: 
Hartford Business Journal
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