Real Estate Transfer Tax Boosts Summer Revenues

NHFPI's Phil Sletten finds that New Hampshire State revenues started the new fiscal year slightly ahead of expectations, with collections in July and August totaling $276 million, about $5.8 million, or 2.1 percent, above projections. The surplus was driven largely by the Real Estate Transfer Tax, while several other major revenue sources, including business taxes and Liquor Commission profits, fell short of targets.

What We’re Reading — the August 2026 Edition

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 August 2026.

What We’re Reading — the July 2026 Edition

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 July 2026.

May State Revenues Reach Target Despite Business Tax Slump

State revenues exceeded targets in May, increasing the year-to-date surplus to $156.7 million, or 5.7 percent above plan (boosted largely through tax amnesty receipts). However, business tax revenues fell below expectations for the month, suggesting April's strong collections may not signal a broader trend.