Home » News » Currently Reading:

New NHFPI Resource Outlines New Hampshire’s State Budget Process and Recent Funding Trends

February 9, 2017 News

FOR IMMEDIATE RELEASE
February 9, 2017

 

New NHFPI Resource Outlines New Hampshire’s State Budget Process and Recent Funding Trends

 

Concord, NH – The New Hampshire Fiscal Policy Institute today published a new resource designed to help Granite Staters develop a deeper understanding of the state budget process and trends in funding for state programs and services. Titled “Building the Budget: New Hampshire’s State Budget Process and Recent Funding Trends,” the publication was released in conjunction with Governor Sununu’s official budget address, which was delivered to the New Hampshire Legislature on Thursday, February 9 and outlines the Governor’s funding priorities for the next two years.

“The state budget is a statement of what we value as a society,” said John Shea, executive director of the New Hampshire Fiscal Policy Institute. “As New Hampshire embarks on the development of the next biennial state budget, we hope this new resource can serve as a tool for legislators; for non-profit, business, and community leaders; and for all citizens who wish to become more informed and engaged in the process by which we establish our state’s funding priorities.”

“Building the Budget” provides a thorough review of the various stages of the budget process, outlining key aspects of the state agency, Governor, House of Representatives, Senate, and Committee of Conference phases. The publication explains budget terminology and outlines the funds which support budget allocations for various categories of state programs and services. In addition, “Building the Budget” outlines funding trends from 2006 to present for the six key budget categories, which include General Government, Administration of Justice and Public Protection, Resource Protection and Development, Transportation, Health and Social Services, and Education. The resource guide also provides funding trends for the ten agencies with the largest General Fund appropriations in the current state budget.

“Building the Budget: New Hampshire’s State Budget Process and Recent Funding Trends” is available online at www.nhfpi.org and via this direct link.

The New Hampshire Fiscal Policy Institute is an independent, non-profit, non-partisan organization dedicated to exploring, developing, and promoting public policies that foster economic opportunity and prosperity for all New Hampshire residents, with an emphasis on low- and moderate-income families and individuals. Learn more at www.nhfpi.org.

 

#

 

CONTACT:
AnnMarie French
603-856-8337 x2

Connect with NHFPI

Common Cents Blog

Lackluster September State Revenues Reduce Surplus

4 Oct 2017

tree with coins

September was the first big month for revenue collection of State fiscal year (SFY) 2018, and while the total cash collected should not yet ring alarm bells, overall receipts were nothing to boast about. This trend continues observations from SFY 2017, which ended June 30, 2017, and the first two months of the current fiscal year. The General and Education Trust Funds, the primary repositories for the least restricted revenue streams from State taxation, were $2.3 million (0.5 percent) above plan for the year after September’s receipts, but that was down from $4.6 million at the end of August, with September’s shortfall relative to the revenue plan cutting the unrestricted cash revenue surplus in half.