New Hampshire Fiscal Policy Institute

Happy Holidays from all of us at NHFPI. Wishing you and yours a peaceful holiday season.

“‘Long term, we’ve seen some really substantial trends in Lottery Commission revenues. Between state fiscal years 2017 and 2023, profits transferred from the Lottery Commission constituted the fastest growing major source of revenue for the general fund and the Education Trust Fund,’ said NHFPI Research Director Phil Sletten.” Read more in this NH Business Review article on New Hampshire tax revenue. https://lnkd.in/eNuVR9t2 

“Some New Hampshire families are spending nearly one-third of their income on child care, according to a new analysis from the Carsey School of Public Policy at the University of New Hampshire. Child care costs have gone up significantly in recent years, swelling 48 percent from 2013 to 2023 in New Hampshire, the analysis found. And there was an uptick in costs in the post-pandemic years, growing 12.5 percent from 2022 to 2023.” Read more in this Boston Globe article which includes our research on the 2023 annual price of child care. https://lnkd.in/eQCE-aBz

NHFPI is pleased to announce Holly Shulman as its new Communications Director. In this role, Holly will lead NHFPI’s strategic communications efforts, ensuring the organization’s research and policy insights reach key audiences to drive positive change for all Granite Staters, particularly low- and moderate-income families. Learn more about Holly: https://lnkd.in/eUEmrBGw

Research Director Phil Sletten authored this commentary in the New Hampshire Bulletin, offering a look ahead of the next State Budget. https://lnkd.in/gFw5T4D8 

November likely marked the end of growth from two key sources of State revenue: interest earned on New Hampshire State cash holdings bolstered by one-time pandemic relief aid and receipts from the Interest and Dividends Tax, a revenue source that will be repealed next month. Business tax revenues were lower as well, due in part to more requested refunds. Read more in our latest blog: https://lnkd.in/eNwmqtHe

“…Stakeholders are often concerned that building a lot of new homes in their city or town will lead to a dramatic increase in the number of children in the community, driving property taxes higher as a result of increases in school spending, according to Sarah Wrightsman, manager of community engagement and education for New Hampshire Housing. ‘And this is a completely reasonable fear,’ Wrightsman said during a presentation at a conference hosted Friday by the New Hampshire Fiscal Policy Institute. But times have changed, and those fears are rooted in the past, she said, citing recent research that refutes key components of the myth.” Read more in this Boston Globe article highlighting some takeaways of our 9th Annual Policy Conference. https://lnkd.in/erjPNYxh

Thank you to everyone who attended our annual conference last Friday! The event was a tremendous success and the greatest turnout to date. If you missed the event and would like to view the materials, visit nhfpi.org/conference 

On Monday, December 16th, Dartmouth Health will host the 2024 Political Drivers of Health Symposium. Political drivers of health are the governmental systems, structures, and policies that impact health outcomes. In collaboration with an array of healthcare stakeholders and partners, Dartmouth Health is hosting a symposium to explore the political drivers of health in our state and discuss how laws and regulations influence the health and economic prosperity of Granite Staters. Philip Alberti, PhD will be the keynote speaker. He is the Founding Director of the Center for Health Justice at the Association of American Medical Colleges (AAMC). This event is open to the public, and all who are interested in the health and well-being of our communities are welcome to attend. There is no cost to attend, but registration is limited. Learn more and register: https://lnkd.in/eaiBu-9U

Do you value NHFPI's work and find it a resource? Donations of any size from supporters like you make it possible for NHFPI to produce independent analysis to inform policymakers, community leaders, and residents to make data-informed decisions. With your support, we can continue to publish high-quality research and provide added analytical capacity to the challenges facing New Hampshire residents. Donate today: nhfpi.org/donate