At the start of the 2018 Legislative Session, several bills were filed that would likely reduce New Hampshire’s available revenue. When considering changes to revenues, policymakers should be cognizant of the revenue shortfall risks the State presently faces. As of December, revenues are meeting the monthly plan based on estimates set forth by the Legislature ...
Legislative deliberations during the creation of New Hampshire’s biennial State Budget often evaluate the size of budget proposals relative to the prior biennial operating budget. Debates frequently focus on the overall growth of the budget, but measurements of different subsets of the budget or comparisons relative to different baselines can create confusion and misunderstandings. Budget ...
New Hampshire’s State Budget, approved by the Legislature on June 22 and signed by the Governor on June 28, provides the basis through which most State activities are funded for the next two years. While the overall growth in this budget is slightly less than the growth of its predecessor, revenues projected to be available ...
The State Senate, using the Governor’s operating budget proposal from February as a baseline, crafted a State operating budget that reduces spending though changes to program funding levels and to anticipated federal funds. The Senate reduced appropriated spending from the Governor’s budget by $324.7 million, accomplished in part by planning to authorize up to $237.8 ...
The budget proposal presented by Governor Sununu shows a pattern of targeted investments in specific areas, rather than a marginal increase to many areas, and a bevy of proposed policy changes. The entire proposed budget grows by 4.5 percent between the current year and the Governor’s first proposed year while 39.4 percent of program areas ...
Building the New Hampshire State Budget is a long process, beginning when the State government is not even halfway through the duration of the previous State Budget and usually ending in that previous budget’s final days, approximately a year later. The process includes five major phases, challenging jargon, unwritten norms, multiple revenue estimates, and several ...