The state budget and other funding measures, report 14

The state budget and other funding measures, report 14

This past week the House Appropriation Committee recommended passage of House Bill 2, the state budget. The budget totals $16.6 billion over two years, of which $5.1 billion, or 31%, is made of state general fund dollars, which are derived from the state income and excise taxes. The balance of the funding is made up of federal funds and state special revenues, which includes revenues dedicated to...

Dems Decry Proposed Cuts in House Budget; Fiscal Hawks Ask if It Cuts Enough

New Hampshire Democrats say it cuts too much, while members of the House Freedom Caucus complain it’s still full of fat. But House Republican leadership is hoping their 220-member majority will give them the numbers they need to advance their $16.27 billion budget late this week. If Tuesday’s marathon budget briefing was a harbinger of things to come, rank-and-file lawmakers should steel themselves for a floor fight on Thursday. The winds of the…

Concerns Raised about NH House Budget Plan

By GARRY RAYNO, InDepthNH.org CONCORD — The Republican members of the House Finance Committee presented their proposed fiscal 2026-2027 operating budget to their colleagues Tuesday prior to the vote on the two-bill budget package Thursday. The House had to reduce Gov. Kelly Ayotte’s proposed budget by about $800 million in general fund money after its Ways and Means Committee projected revenues well below what the governor estimated. The House’s…

From burials to vanity plates, fee hikes abound in NH House's budget plan

The $16 billion spending proposal includes no tax hikes — but dozens of increased fees.

House Finance budget rolls back post-COVID growth in state spending - THE JOSIAH BARTLETT CENTER FOR PUBLIC POLICY

Note: This analysis based on the Legislative Budget Assistant’s Surplus Statement published on April 3. Any adjustments made after that date will not be accounted for in this policy brief.  A decade’s worth of state revenue growth, primarily from rising business tax collections, has fueled significant state spending increases since 2015, with a particularly large jump coming in the 2024-25 budget. When writing that budget, lawmakers included mor…

State budget: Where’s the money going, and coming from? - NH Business Review

Ken Weyler, R-Kingston, chairs the New Hampshire House Finance Committee. He summed up the challenge of crafting the state’s new two-year budget when he said, in part, last week: “The revenue just isn’t there.” That lack of anticipated revenue resulted in a House Finance Committee budget that is $643 million less than what was proposed by Gov. Kelly Ayotte for the next two fiscal years. What remains to be seen in this process, according to budge…