Connecticut's Fixed Costs (INFOGRAPHIC)
Dec 12, 2019 - less than 1 minute
Fixed costs are an increasing portion of the Connecticut state budget, and are expenditures the State is obligated to make. In fiscal year 2019, over half ($9.72 billion) of Connecticut's total General Fund expenditures were categorized as "fixed costs." As the State's fixed costs are increasing, the amount of money available for the discretionary — or non-fixed — portion of Connecticut's General Fund is shrinking.
This infographic details the items that make up Connecticut's fixed costs, and how they have grown over the years.
School and State Finance Project. (2019). Connecticut's Fixed Costs [Infographic]. New Haven, CT: Author. Retrieved from http://ctstatefinance.org/resources/uploads/files/CTs-Fixed-Costs-Infographic.pdf.