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Preliminary Analysis of the State Budget Agreement

September 26, 2019 State Budget

New Hampshire’s new State Budget boosts funding for local public education, with a substantial increase during the budget biennium and a smaller increase continued over time, and includes upward adjustments to Medicaid reimbursement rates, one-time aid to cities and towns, and support for affordable housing. The budget funds these initiatives in part by deploying current surplus revenues, including revenues from reduced spending and increased lapse during the continuing resolution. Funding stems in part from freezing business tax rates at 2019 levels. However, future business tax rates would be contingent on a revenue-based trigger and could move up or down for Tax Year 2021 depending on the strength of receipts during the first year of the budget biennium.

Read NHFPI’s preliminary analysis of the State Budget agreement, published prior to the Legislature’s vote.

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Common Cents Blog

New Hampshire’s Food Insecurity Levels Return to Pre-Recession Levels

27 Sep 2019

tree with coins

According to new estimates from the United States Department of Agriculture (USDA), New Hampshire and the nation have experienced improvements in households’ access to food. The recently released report outlines the progressing trends of reduced food insecurity, declining from higher levels experienced in the recovery period after the Great Recession. This progress shows that despite disparities faced by lower-income individuals throughout the state, both relative improvements in the economy and the effectiveness of supplemental food programs have been aiding Granite Staters in need.