Revenue is essential to funding the priorities of the state and supporting vital public services. State and local revenue in New Hampshire stems primarily from taxes, and each resident, visitor, and employer has a vital role in generating the resources required to maintain essential systems and meet the needs of Granite Staters.
Property taxes are the primary revenue source for local governments, while the largest tax revenue sources for the State are taxes on business profits and compensation, restaurant meals and hotel room rentals, tobacco sales, real estate transactions, insurance premiums, motor fuels, and other economic activity. State revenue also comes from sales by State-operated enterprises selling liquor and lottery tickets.
NHFPI seeks to improve public understanding of New Hampshire’s revenue system, its role in financing state expenditures, and the impact it has on families and individuals at different income levels.
State revenue collections were above targeted amounts in May, adding to the State’s revenue surplus despite lower than planned revenues from the two primary business taxes, new video lottery machines, and liquor sales. May is not a critical month for State revenues, and the total amount of General and Education Trust Funds revenue collected was ...
On the last Friday of each month, the New Hampshire Fiscal Policy Institute’s research team shares a curated list of books, research papers, podcasts, and more that are helping to shape our understanding of the economic wellbeing of the Granite State and beyond. Here are our picks for May 2026: Affordable Care Act Enrollment in ...
Presented by NHFPI Research Director Phil Sletten at a meeting of New Hampshire Voices of Faith on May 21, 2026.
State aid with property taxes, which averaged about $163 per receiving household last year, is available for homeowners with lower incomes in New Hampshire via an assistance program. Homeowners have ...
KEY POINTS After a long period of declines, key State revenues may be recovering The one-time Tax Amnesty Program and ongoing State revenue sources have helped finances this year Business ...
Public services in New Hampshire from schools to road maintenance depend heavily on one major revenue source: property taxes. But the way those taxes are structured creates big differences in ...