State revenue got a helpful one-time shot in the arm. Now what?
Analysts fear that once it’s gone for the remainder of the fiscal year, overall revenue will lag unless other accounts, which have been underperforming to date, pick up the pace
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New Hampshire’s unemployment rate in March fell to 3%, but weekly claims data released Thursday morning suggest it may be heading lower.
For the week ending April 17, 1,759 initial state unemployment claims were filed, an increase of more than 450 compared to the previous week. But continuing claims collected during the week ending April 10 fell by nearly 3,000 to 20,341.
In addition, federal continuing claims for the week ending April 3 fell by 1,725 to 7,810. Most of the individuals collecting federal benefits are self-employed but a good chunk is made up of those who have to stay home for Covid-related reasons, mainly to provide care to a dependent because of school or a daycare facility is closed.
With schools in New Hampshire fully reopening on April 19, that number should be going down further.
Analysts fear that once it’s gone for the remainder of the fiscal year, overall revenue will lag unless other accounts, which have been underperforming to date, pick up the pace
Manchester Mayor Jay Ruais delivered his State of the City on Tuesday, Feb. 10, framing a path to the city’s future through the lens of history. His speech, at times rapid-fire and metrics-driven and at others raised to the passionate, oratorial tone of a secular civic sermon, addressed a standing-room-only crowd of business and civic leaders at the New Hampshire Institute of Politics at St. Anselm College.
The issue here in New Hampshire remains as it has been for many months: lack of supply that forces the hand of higher prices
According to housing advocate groups, the champions program is doing exactly what it set out to do: reward communities that are taking steps to build more housing
NH Tech Alliance task force maps AI in New Hampshire
There are no magic wands in tax disputes, but the current New Hampshire Department of Revenue Administration (DRA) tax amnesty program is about as close as it gets.
The state Senate Finance Committee voted along party lines January 13 against a bill that would give Nashua $20 million to purchase the former site of Daniel Webster College. Four Republicans voted in favor and two Democrats against.
Legislature also wrestles with the Business and Enterprise Tax, which has a direct effect on state revenues, and as it looks at how Meals and Rental Tax revenue is distributed and whether there should be an additional “Pillow Tax” on rentals
A state-run program that encourages communities to add much needed housing in New Hampshire, already defunded in the current budget, is on the precipice of disappearing altogether. The House Committee on Housing voted 10-8 on Jan. 20 to repeal the so-called Housing Champions program administered by the NH Department of Business and Economic Affairs.