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 in November yielded the first monthly surplus since the State’s fiscal year began on July 1. However, the sources of the surplus provided mixed indications about State revenue trends in the future, and offered no concrete assurance that revenue surpluses would continue in the coming months. Interest and Dividends Tax Refunds Revised ...
Most families in the United States have their Thanksgiving traditions: turkey, pie, gratitude, and perhaps at least one confidently delivered “fact” that isn’t actually a fact. This year, we’ve got you covered. From who’s moving to New Hampshire to what actually drives State revenues and home prices, NHFPI breaks down five common misconceptions with clear, ...
Presented by Phil Sletten, New Hampshire Fiscal Policy Institute Research Director, at the Waypoint Board of Directors meeting in Portsmouth on November 17, 2025.
State revenues collected in October fell below the State’s target amounts for the month, primarily because of the repeal of the Interest and Dividends Tax resulting in difficult-to-predict final revenues ...
State revenues collected in September were below the State’s target amounts for the month, giving the first clear indication of the new fiscal year that declining business tax revenues are ...
KEY POINTS New Hampshire’s State revenues to the General Fund and Education Trust Fund, after being boosted by high corporate profits and quickly-accelerating housing prices, have declined since 2022 State ...