Home » State Budget » Recent Articles:

Tobacco Tax Cut Likely to Lose Millions in Revenue, Leave FY12-13 Budget Out of Balance

NH state quarters

House and Senate lawmakers agreed to reduce the state’s cigarette tax by 10 cents per pack and lower taxes on other tobacco products as part of the two-year budget starting July 1. Based on the latest data available from state revenue officials, this is likely to reduce tax revenue by at least $14 million to $30 million. It now appears that budget negotiators failed to account for any such revenue loss, meaning that the budget for the coming biennium will likely end up out of balance.

... Continue Reading

The Senate’s FY 2012-2013 Budget Proposal

June 6, 2011 State Budget
NH flag

For the most part, the Senate followed the path laid by the House in its version of the budget, imposing substantial spending reductions across a wide array of vital public services. In broad terms, the budget supported by the Senate would lower General and Education Fund expenditures roughly $240 million or approximately 5 percent. Like the House, the Senate would cut payments for uncompensated care, reduce local aid and curtail support for higher education.

... Continue Reading

Medicaid: A Key Source of Insurance in New Hampshire

April 20, 2011 Health Policy, State Budget

Medicaid serves about one in 10 people in N.H. A look at the families and individuals it serves, its funding structure and the potential consequences of significant reductions to the program.

... Continue Reading

Connect with NHFPI

Common Cents Blog

State’s Diverse Tax Base Stabilizes Revenue, But Business Tax Changes May Increase Volatility

29 Jun 2017

tree with coins

New Hampshire’s state tax revenue is relatively stable, but the State’s largest tax may be among the most volatile types of common taxes, a new analysis from The Pew Charitable Trusts suggests. Between 1997 and 2016, New Hampshire’s tax volatility, as measured through percentage changes from the prior fiscal year, was only higher than five other states, suggesting New Hampshire’s tax revenues do not typically deviate dramatically from year to year relative to other states. However, digging into the diverse revenue streams and drawing on the experiences from other states shows some risk for New Hampshire.