Budget
New Hampshire’s biennial budget reflects the Granite State’s public policy priorities. It allocates funding to critical programs that support the health and wellbeing of residents as well as the vitality of the state’s economy and workforce.
NHFPI analyzes recent budget trends, highlighting future challenges and opportunities. The following resources direct a keen eye towards how the State Budget is meeting its key public priorities, with special events that track the development of this important legislation.
Featured Resources
The House of Representatives State Budget Proposal for Fiscal Years 2026 and 2027
NHFPI’s report examines the House’s proposed budget for State Fiscal Years 2026 and 2027, which reduces funding for services by over $500 million compared to the Governor’s proposal. It lowers funding for Medicaid, care for individuals with disabilities, and community mental health services while eliminating several state agencies and functions.
Committee of Conference Budget Nearly Matches Senate Version on Spending, Trims Retirement and University System Appropriations
After a week of negotiations, the Committee of Conference has released its final State Budget proposal, largely aligning with the Senate’s version on overall spending. The compromise includes key funding restorations for mental health, developmental disability, and Medicaid supports, while reducing University System appropriations relative to the Senate's version and restructuring retirement enhancements for certain public safety personnel. Read NHFPI’s latest blog that breaks down what made it into the final agreement.
Examining the State Budget 2025 Webinar Series
Each session will highlight key developments in the legislative process, and offer historical context and comparisons to the current operating budget.
The Governor’s State Budget Proposal for Fiscal Years 2026 and 2027
As the House Finance Committee holds its first public hearing on the State Budget, NHFPI is releasing a detailed, data-driven analysis of the Governor’s State Budget Proposal for Fiscal Years 2026 and 2027. This report offers essential context for the budget’s priorities, trade-offs, and potential impacts on New Hampshire’s fiscal future.