NH State Budget

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NH State Budget by Mind Map: NH State Budget

1. Captial Budget and Debt

1.1. $239 M

1.2. General Fund Debt

1.3. General Obligation Debt

1.4. Self Supporting Debt

1.4.1. Turnpike debt

1.5. Debt Issued offset by Debt Retired

1.6. Growth: $644M to $822M

1.6.1. +28% / 4yr

1.6.2. Usually very static

2. Operating Budget

2.1. July 1st new year

2.2. Federal Funds

2.3. Tax Revenues

2.3.1. General Fund

2.3.1.1. Discussion of surplus / shortfalls occur here

2.3.1.2. Diverse basket of taxes

2.3.1.2.1. 10 sources is 81%

2.3.1.2.2. More stable then national economy

2.3.1.3. Taxes

2.3.1.3.1. Business Taxs

2.3.1.3.2. Tobacco - $244 - 13%

2.3.1.3.3. Meals and Rooms - $232 - 12.5%

2.3.1.3.4. Liquor - $120 - 6.5

2.3.1.3.5. I & D - $84.5 - 4.5%

2.3.1.3.6. Real Estate Transfer - $84.5 - 4.5%

2.3.1.3.7. Communications - $80 - 4.3%

2.3.1.3.8. Insurance - $87

2.3.1.3.9. Lottery - $66

2.3.1.3.10. Medicade Enhancement - $118

2.3.1.3.11. Other

2.3.2. Education Fund

2.3.2.1. Money is sent back to towns

2.3.2.2. Response to Claremont case

2.3.2.2.1. "public adequecy plan"

2.3.2.2.2. name changes ~2 yrs

2.3.2.3. Transparency w/r/t tax increases for this Fund

2.3.2.4. This is NOT a trust fund like other states

2.3.2.4.1. Not balanced seperately, but as a line item of the general fund

2.4. By Fund

2.4.1. 2 yr numbers given

2.4.2. General Fund

2.4.2.1. $3.2 B

2.4.3. Federal Funds

2.4.3.1. $3.7B

2.4.4. Education Fund

2.4.4.1. New node

2.4.5. Other "Other Funds"

2.4.5.1. $1.9 B

2.4.5.1.1. The new Education Trust Fund

2.4.6. Fish and Game

2.4.7. Transportation

2.5. Funds must be balanced

2.5.1. RSA 9:8

2.5.2. Biennium

2.5.3. Estimated revenue

2.5.4. Money remaining from propr biennium

2.5.5. Bonding (debt) prohibited for "operating expenditures"

2.6. Spending

2.6.1. General Government

2.6.1.1. $555 M

2.6.2. Justice

2.6.2.1. $691 M

2.6.3. Resources

2.6.3.1. $344 M

2.6.4. Transportation

2.6.4.1. $566 M

2.6.5. Health and Social

2.6.5.1. 2087 M

2.6.6. Education

2.6.6.1. 1502 M

2.7. Employee Costs

2.7.1. 12,000 state employees @ 45,800

2.7.2. Wages approx. $600 M in wages

2.7.3. Benefits approx $250 M

2.7.4. Retirement approx $50 M

2.7.5. $900 M = 15% of annual costs

2.8. Local Aide

2.8.1. 2009

2.8.1.1. Education

2.8.1.1.1. $1.017 B

2.8.1.2. Municipal

2.8.1.2.1. $125 M

2.8.2. 2010

2.8.2.1. Education

2.8.2.1.1. $1.026 B

2.8.2.2. Municipal

2.8.2.2.1. $93 M

2.8.3. Combined is 45% of Operating Budget

3. Slides available on jbartlett.org

4. Spending Trends

4.1. Over 20 years

4.1.1. General Funds - 4.5%

4.1.2. Biennial increase avg. 8.7%

4.1.3. Inflation adjusted - 2.6%

4.2. 10 yr

4.2.1. GF + ETF 10 yr avg - 2.55%

4.3. 1989 adjusted - 1.025 B

5. links

5.1. http://admin.state.nh.us/accounting/reports.asp

5.1.1. Monthly REvenue and Historical

5.2. http://www.gencourt.state.nh.us/lba/indexbudget.html

5.2.1. Budget Document (LBA)

5.3. http://www.nh.gov/treasury/Divisions/DM/DMdocs.htm

5.3.1. Go here and find the bond statement

5.3.2. Last half of the last page is the most concise list of state spending - all 6 categories