Under the House’s proposed budget, 67.3% will go to Transportation, 31.7% to Safety and 1.1% for other. These ratios represent an additional $500,000 being diverted away from the Department of Transportation over the Governor’s budget.

Better than expected business tax collections boosted state revenues in March, cutting the state’s projected budget deficit by more than half with just three months to in the current Fiscal Year. Overall, New Hampshire collected $637 million in March, $26.5 million more than the budget plan. The extra revenues will cut a shortfall of $41 […]

The state budget is a mess. So what’s new? House budget writers are working to make sense of that mess before Friday. Their budget will be different from the governor’s but likely leave a lot of work left to be done.

March 2013 By Joshua Elliott-Traficante As detailed in an earlier piece on the Highway Fund diversion[1], the Department of Safety receives a sizeable portion of the revenue raised by the state Highway Fund. Historically the Department has received roughly between 24% and 32% of the amount collected, net of block grants to the municipalities. This […]

New Hampshire’s unemployment rate dropped to 5.3% in February from 5.8% in January. This drop represents 290 fewer unemployed persons in the state, leaving 43,000 total people unemployed.

One committee chairman in the New Hampshire House admitted in a rare moment of candor that he intends to use schools as a political hostage in his grand negotiating scheme. This sort of cynical manipulation helps explain why average citizens have such contempt for politicians and their perverted sense of ethics.

New Hampshire’s budget often requires action to avoid a deficit. The budget ending this June 30 is no exception. We have a deficit, and the governor can and should act today in the same manner as all of her predecessors. Spending cuts now are both necessary and preferable to waiting and hoping.

February saw the national unemployment rate decrease from 7.9% to 7.7% with the Establishment Survey Data showing 236,000 jobs added over the month. Looking further into the data there are a few signs of growth but there are some discouraging ones as well.

New Hampshire’s gas tax and highway fund are little understood even as the legislature votes today on doubling the state’s gas tax. The state’s highways are paid for with user fees and only with user fees, revenues are stagnant even if costs aren’t, the Department of Transportation is one of the more efficient branches of government, but many gimmicks still surround highway funds and the diversion of resources.

In New Hampshire, not only is spending on highways paid for entirely with user fees like gas taxes and registration fees but the user fees are often diverted to other uses. The largest recipient is the Department of Safety, ostensibly to pay for state troopers but smaller amount of money have been transferred to other departments as varied as Cultural Resources, Health & Human Resources, and the Board of Land & Tax Appeals.