New Hampshire Fiscal Statistics

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20122024
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State Revenue Analysis (New Hampshire: 20122024)

Population: 1,321,297 1,395,231 (5.6% change)

Overall Revenue Trends

Total Revenue 52.6%
$6,660,860,000 (2012)$10,165,787,000 (2024)
Per Capita Revenue 44.5%
$5,041 (2012)$7,286 (2024)
Fund Balances 100%
$6,820,194,000 (2012)$0 (2024)
Revenue Volatility✓ Low
Avg. fluctuation: 5.1%

Major Tax Revenue

Property Tax 7.8%
$380,682,000 (2012)$410,549,000 (2024)

Utility Revenue

Sewerage Charges 50.2%
$1,523,000 (2012)$2,288,000 (2024)

Growth Analysis

Fastest Growing Revenue Sources

Other License Tax6671.5%
$659,000$44,624,000
Unemployment - Interest Revenue322.0%
$2,527,000$10,665,000
Local Intergovernmental Public Welfare228.5%
$149,976,000$492,617,000

Declining/Slowest Growing Sources

Corporation License Tax 91.9%
$37,582,000$3,038,000
Rents 87.7%
$4,974,000$613,000
Federal Intergovernmental Air Transportation 83.9%
$15,313,000$2,466,000

Revenue Forecast

Projected Revenue (Next Year) 2.4%
Estimated: $9,919,353,192
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%

2024 Revenue Breakdown

Federal Intergovernmental Public Welfare17.4%
Corporation Net Income Tax12.0%
Liquor Stores Revenue7.3%
Federal Intergovernmental Other7.1%
Local Intergovernmental Public Welfare4.8%
Interest Earnings4.6%
Other Selective Sales Taxes4.1%
Property Tax4.0%
Higher Education Tuition Charges3.3%
Miscellaneous General Revenue Not Elsewhere Classified3.3%
Federal Intergovernmental Education2.9%
Occupation & Business License Not Elsewhere Classified2.6%
Federal Intergovernmental Highways2.2%
Net Lottery Revenue2.2%
Higher Education Auxiliary Charges2.2%
Tobacco Sales Tax1.9%
Documentary & Stock Transfer Tax1.8%
Individual Income Tax1.8%
Motor Fuels Sales Tax1.8%
Insurance Premium Tax1.6%
Toll Highway Charges1.4%
All Other Not Elsewhere Classified Charges1.4%
Federal Intergovernmental Housing & Community Development1.2%
Donations From Private Sources1.2%
Motor Vehicle License1.2%
Unemployment - Contribution0.6%
Fines & Forfeits0.6%
Other License Tax0.4%
Federal Intergovernmental Other Natural Resources0.4%
Federal Intergovernmental Health & Hospitals0.4%
Public Utilities Tax0.3%
Federal Intergovernmental Employment Security Administration0.3%
Parks & Recreation Charges0.3%
Public Utility License Tax0.2%
Housing & Community Development Charges0.1%
Motor Vehicle Operators License0.1%
Local Intergovernmental Highways0.1%
Regular Highway Charges0.1%
Hunting & Fishing License0.1%
Alcoholic Beverage Sales Tax0.1%
Local Intergovernmental Other0.1%
Unemployment - Interest Revenue0.1%
Hospital Charges0.1%
Local Intergovernmental Education0.1%
Natural Resources Not Elsewhere Classified Charges0.1%
Alcoholic Beverage License Tax0.1%
Sale of Property0.0%
Corporation License Tax0.0%
Federal Intergovernmental Air Transportation0.0%
Sewerage Charges0.0%
Rents0.0%
Amusement Tax0.0%
Air Transportation Charges0.0%
Special Assessments0.0%
Amusement License Tax0.0%

Key Insights

  1. 1Total revenue increased by 52.6% from 2012 to 2024, representing a significant change in the state's financial position.
  2. 2Utility revenue growth was exceptional, with sewerage up 50.2%, suggesting infrastructure expansion or rate adjustments.
  3. 3Population changed by 5.6%, while per-capita revenue changed by 44.5%.
  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 - 2024)

Total Expenditure Trends

Operating Expenditures 99%
$3,578,437,000$7,127,884,000
Per Capita Spending 89%
$2,708$5,109

Population Trends

Population Change 5.6%
1,321,297 (2012)1,395,231 (2024)
⚠️ Spending growth significantly outpacing population growth

Public Safety Expenses

Police Protection 80%
$51,206,000 (2012)$92,203,000 (2024)
Fire Protection 0%
$0 (2012)$0 (2024)

Infrastructure Expenses

Highways Maintenance 13%
$191,795,000 (2012)$217,041,000 (2024)
Sewerage Operations 49%
$17,129,000 (2012)$25,538,000 (2024)

Administrative Expenses

Financial Administration 911%
$64,469,000 (2012)$651,616,000 (2024)
General Expenses 31%
$416,226,000 (2012)$287,267,000 (2024)

New Hampshire Key Insights

  1. 1Per capita expenditures grew by 89%, indicating substantial service expansion or cost increases not explained by population growth alone
  2. 2Financial Administration was the fastest growing major expense category at 911% increase
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State Debt Analysis (2012-2024)

Debt Trends

Total Long-Term Debt 106%
$3,669,511,000 (2012)$7,575,803,000 (2024)
Industrial Revenue Debt 100%
$4,312,145,000 (2012)$0 (2024)
Per Capita Debt 96%
$2,777 (2012)$5,430 (2024)

Population Trends

Population Change 5.6%
1,321,297 (2012)1,395,231 (2024)

Debt Management

Most Recent Year (2024)

Issued:$901,154,000
Retired:$835,015,000
Net Change:+$66,139,000

Debt Retirement Trend

$337,944,000 → $835,015,000 147%
🔄 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 2012-2024, with a move toward higher debt levels.
  3. 3New debt issuance significantly increased the per-resident debt burden (up 96%).