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Governor Lynch’s FY 2012-2013 Budget Proposal

March 1, 2011 State Budget
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On February 15, Governor John Lynch presented his proposed budget for the fiscal year 2012-2013 biennium to the Legislature. Overall, he recommends that the state spend a total of $4.7 billion from General and Education Funds over the next two years, a decline of more than 3 percent relative to anticipated expenditures from these funds, and from federal fiscal relief monies, during the current FY 2010-2011 biennium.

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House Ways & Means Revenue Estimates Show Virtually No Growth For FY 2012-2013

February 3, 2011 State Budget, State Tax Policy
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The House Way and Means Committee predicts that total General and Education Fund revenue will grow very little, if at all, over the next 30 months. As a result, the Committee’s estimates serve to underscore the role that declining revenues have played in creating New Hampshire’s fiscal difficulties. If the Committee’s estimates come to pass, total General and Education Fund revenue in FY 2013 will reach its lowest level, in inflation-adjusted dollars, since the advent of the Education Fund more than a decade ago.

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House Finance Committee Budget Boosts Education and Health Funding

5 Apr 2019

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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.