Revenue & Tax

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.

 

New Year, New Fees: Which State Costs are Set to Change January 1 in New Hampshire

As many Granite Staters ring in the New Year, they may also find themselves reaching deeper into their wallets to pay certain State fees. Starting January 1, 2026, up to 58 new or increased State fees and fines take effect in New Hampshire, primarily for motor vehicle registrations but also potentially for accessing health services.

November State Revenues Temporarily Boosted by Refund Revision and Property Sale

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 no assurance that revenue surpluses would continue in the coming months.

This Thanksgiving, Bring a Side of NH Facts

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.

October Revenues Set Back by Interest and Dividends Tax Repeal

October revenues dropped $12.2M below target, driven by the repeal of NH’s Interest & Dividends Tax and a wave of taxpayer refunds. Read Phil Sletten’s full breakdown of what’s behind the numbers and what it means for the state’s fiscal outlook.