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Senate Passes Budget, Approves Funding Increases for Local Education Aid and Medicaid Rates

June 7, 2019 Common Cents
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After considering a series of amendments to House Bill 2, the Senate accepted the Senate Finance Committee’s proposal for the State Budget without changes on Thursday, June 6. The House is expected to vote on Thursday, June 13 on whether to form a Committee of Conference or accept the Senate’s changes. A Committee of Conference appears likely, given some of the differences between the House and Senate versions of the State Budget. The Senate’s version of the State Budget modifies the House Budget proposal by reducing the amount of aid to local governments for public education, although both proposals would be a significant increase relative to current law or the Governor’s Budget.

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Senate Finance Committee Budget Restores Stabilization Grants, Boosts Medicaid Rates, and Sends One-Time Aid to Local Governments

June 3, 2019 Common Cents
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The Senate Finance Committee completed work on its version of the State Budget Friday, May 31, proposing to send unrestricted aid to local governments in a one-time fashion and restore the original stabilization grant amounts to communities for public education. The Senate Finance Committee modified the House Budget proposal to increase Medicaid reimbursement rates, while reducing the amount of local public education funding proposed by the House and adding funding for a secure psychiatric facility. The Committee’s budget also includes substantial policy changes based upon bills previously passed by the Senate and included or modified in a form contingent on those bills being signed into law independently.

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House Finance Committee Budget Boosts Education and Health Funding

April 5, 2019 Common Cents
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The House Finance Committee passed its version of the State Budget on Wednesday, April 3, recommending the full House adopt a plan to send significantly more money to local governments for education aid and add funding for State health services. The plan would fund these increases by using the current State surplus revenue in the State operating budget and expanding existing revenue sources while retaining added revenues proposed by the Governor. The Committee removed many of the Governor’s recommendations for one-time uses of surplus dollars and deployed most of those funds for budgeted services throughout the biennium. The House is scheduled to vote on the House Finance Committee’s amendment to the budget on April 11.

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New Hampshire Trails in Higher Education Funding

20 Nov 2019

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It has been over a decade since the end of the last recession. During this time, investments and funding for public higher education across the nation have seen reductions overall. States reduced expenditures in the aftermath of the recession, including decreased spending to support public higher education. Recent analyses from the Center on Budget and Policy Priorities and the Pew Charitable Trusts have compared states’ investments in public higher education over time. When compared to pre-recession levels the amount of money allocated to public higher education nationwide has decreased. Students who attend public colleges and universities in their home states face the additional cost burdens of increasing tuition and fees that may stem from these funding cuts. In New Hampshire, Granite Staters face the second highest average in-state tuition at public four-year institutions in the nation.