New Hampshire Fiscal Statistics

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20122022
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State Revenue Analysis (New Hampshire: 20122022)

Population: 1,321,297 1,366,275 (3.4% change)

Overall Revenue Trends

Total Revenue 60.3%
$6,660,860,000 (2012)$10,677,176,000 (2022)
Per Capita Revenue 55%
$5,041 (2012)$7,815 (2022)
Fund Balances 100%
$6,820,194,000 (2012)$0 (2022)
Revenue Volatility✓ Low
Avg. fluctuation: 5.7%

Major Tax Revenue

Property Tax 6.8%
$380,682,000 (2012)$406,541,000 (2022)

Utility Revenue

Sewerage Charges 56.7%
$1,523,000 (2012)$2,386,000 (2022)

Growth Analysis

Fastest Growing Revenue Sources

Other License Tax5959.0%
$659,000$39,929,000
Amusement Tax5543.4%
$431,000$24,323,000
Sale of Property303.5%
$1,349,000$5,443,000

Declining/Slowest Growing Sources

Rents 86.1%
$4,974,000$689,000
Regular Highway Charges 68.4%
$51,530,000$16,301,000
Public Utilities Tax 65.3%
$83,884,000$29,079,000

Revenue Forecast

Projected Revenue (Next Year) 5.7%
Estimated: $11,282,185,667
Based on 3-year revenue trend

Revenue Composition

2012 Revenue Breakdown

Federal Intergovernmental Public Welfare11.1%
Liquor Stores Revenue8.4%
Corporation Net Income Tax7.8%
Interest Earnings6.1%
Property Tax5.7%
Higher Education Tuition Charges5.6%
Other Selective Sales Taxes5.2%
Federal Intergovernmental Other5.2%
Miscellaneous General Revenue Not Elsewhere Classified3.7%
Unemployment - Contribution3.5%
Federal Intergovernmental Education3.4%
Tobacco Sales Tax3.2%
Higher Education Auxiliary Charges3.0%
Federal Intergovernmental Highways2.6%
Local Intergovernmental Public Welfare2.3%
Motor Fuels Sales Tax2.2%
Toll Highway Charges1.8%
Donations From Private Sources1.6%
All Other Not Elsewhere Classified Charges1.5%
Occupation & Business License Not Elsewhere Classified1.4%
Motor Vehicle License1.4%
Documentary & Stock Transfer Tax1.3%
Public Utilities Tax1.3%
Individual Income Tax1.2%
Net Lottery Revenue1.2%
Federal Intergovernmental Housing & Community Development1.2%
Insurance Premium Tax1.1%
Regular Highway Charges0.8%
Federal Intergovernmental Health & Hospitals0.7%
Fines & Forfeits0.6%
Corporation License Tax0.6%
Federal Intergovernmental Other Natural Resources0.5%
Federal Intergovernmental Employment Security Administration0.5%
Parks & Recreation Charges0.2%
Federal Intergovernmental Air Transportation0.2%
Hospital Charges0.2%
Local Intergovernmental Highways0.2%
Housing & Community Development Charges0.2%
Motor Vehicle Operators License0.2%
Local Intergovernmental Other0.2%
Federal Intergovernmental Water Utilities0.2%
Hunting & Fishing License0.2%
Alcoholic Beverage Sales Tax0.1%
Public Utility License Tax0.1%
Federal Intergovernmental Transit Utilities0.1%
Rents0.1%
Natural Resources Not Elsewhere Classified Charges0.1%
Alcoholic Beverage License Tax0.1%
Local Intergovernmental Education0.1%
Unemployment - Interest Revenue0.0%
Federal Intergovernmental Sewerage0.0%
Sewerage Charges0.0%
Sale of Property0.0%
Other License Tax0.0%
Parimutuels Tax0.0%
Amusement Tax0.0%
Air Transportation Charges0.0%
Education Other State Charges Not Elsewhere Classified0.0%
Special Assessments0.0%
Amusement License Tax0.0%
Local Intergovernmental Health & Hospitals0.0%

2022 Revenue Breakdown

Federal Intergovernmental Public Welfare17.8%
Federal Intergovernmental Other12.5%
Corporation Net Income Tax11.4%
Liquor Stores Revenue7.1%
Local Intergovernmental Public Welfare4.1%
Property Tax3.8%
Other Selective Sales Taxes3.7%
Higher Education Tuition Charges3.2%
Federal Intergovernmental Education3.0%
Interest Earnings3.0%
Miscellaneous General Revenue Not Elsewhere Classified3.0%
Occupation & Business License Not Elsewhere Classified2.3%
Documentary & Stock Transfer Tax2.2%
Federal Intergovernmental Highways1.9%
Higher Education Auxiliary Charges1.8%
Tobacco Sales Tax1.7%
Motor Fuels Sales Tax1.7%
Individual Income Tax1.4%
Net Lottery Revenue1.4%
Unemployment - Contribution1.4%
Toll Highway Charges1.3%
All Other Not Elsewhere Classified Charges1.3%
Insurance Premium Tax1.3%
Donations From Private Sources1.2%
Motor Vehicle License1.1%
Federal Intergovernmental Housing & Community Development1.0%
Corporation License Tax0.8%
Other License Tax0.4%
Federal Intergovernmental Health & Hospitals0.3%
Fines & Forfeits0.3%
Federal Intergovernmental Employment Security Administration0.3%
Public Utilities Tax0.3%
Parks & Recreation Charges0.2%
Amusement Tax0.2%
Public Utility License Tax0.2%
Federal Intergovernmental Other Natural Resources0.2%
Regular Highway Charges0.2%
Motor Vehicle Operators License0.1%
Alcoholic Beverage Sales Tax0.1%
Hunting & Fishing License0.1%
Housing & Community Development Charges0.1%
Local Intergovernmental Other0.1%
Federal Intergovernmental Air Transportation0.1%
Hospital Charges0.1%
Local Intergovernmental Highways0.1%
Natural Resources Not Elsewhere Classified Charges0.1%
Alcoholic Beverage License Tax0.1%
Local Intergovernmental Education0.1%
Sale of Property0.1%
Unemployment - Interest Revenue0.0%
Sewerage Charges0.0%
Rents0.0%
Parimutuels Tax0.0%
Amusement License Tax0.0%
Air Transportation Charges0.0%
Special Assessments0.0%

Key Insights

  1. 1Total revenue increased by 60.3% from 2012 to 2022, representing a significant change in the state's financial position.
  2. 2Utility revenue growth was exceptional, with sewerage up 56.7%, suggesting infrastructure expansion or rate adjustments.
  3. 3Population changed by 3.4%, while per-capita revenue changed by 55.0%.
  4. 4The state's fund balances decreased by 100%, suggesting financial challenges or major capital expenditures.
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State Expense Analysis (New Hampshire: 2012 - 2022)

Total Expenditure Trends

Operating Expenditures 97%
$3,578,437,000$7,049,941,000
Per Capita Spending 91%
$2,708$5,160

Population Trends

Population Change 3.4%
1,321,297 (2012)1,366,275 (2022)
⚠️ Spending growth significantly outpacing population growth

Public Safety Expenses

Police Protection 55%
$51,206,000 (2012)$79,344,000 (2022)
Fire Protection 0%
$0 (2012)$0 (2022)

Infrastructure Expenses

Highways Maintenance 9%
$191,795,000 (2012)$209,059,000 (2022)
Sewerage Operations 30%
$17,129,000 (2012)$22,251,000 (2022)

Administrative Expenses

Financial Administration 737%
$64,469,000 (2012)$539,447,000 (2022)
General Expenses 30%
$416,226,000 (2012)$289,835,000 (2022)

New Hampshire Key Insights

  1. 1Per capita expenditures grew by 91%, indicating substantial service expansion or cost increases not explained by population growth alone
  2. 2Financial Administration was the fastest growing major expense category at 737% increase
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State Debt Analysis (2012-2022)

Debt Trends

Total Long-Term Debt 102%
$3,669,511,000 (2012)$7,420,599,000 (2022)
Industrial Revenue Debt 100%
$4,312,145,000 (2012)$0 (2022)
Per Capita Debt 96%
$2,777 (2012)$5,431 (2022)

Population Trends

Population Change 3.4%
1,321,297 (2012)1,366,275 (2022)

Debt Management

Most Recent Year (2022)

Issued:$901,137,000
Retired:$1,378,345,000
Net Change:$-477,208,000

Debt Retirement Trend

$337,944,000 → $1,378,345,000 308%
🔄 Significant change in retirement strategy detected

Key Insights

  1. 1The sharp increase in unspecified long-term debt suggests major capital projects or financial restructuring.
  2. 2There appears to be a significant shift in debt management strategy between 2012-2022, with a move toward higher debt levels.