Where The Money Comes From
Where does New Hampshire get the money to fund the services we all use - from individual state agencies, public schools, state universities, law enforcement, highway projects and more?
Certain sources of funds are to be used for specific purposes. Federal program revenues are used only for the purposes of those programs. Also, revenues from Highway, Fish & Game fees, Turnpike Tolls and other "restricted purpose funds" are used only for expenditures within those funds. Unrestricted revenues are those sources of funds for use by the General and Education Trust funds. The chart below shows the "types" of revenue that are collected for these purposes.
|General and Education Fund Grouping||Estimate FY 2016||Percentage of
|State Property Tax||$363,100||15.85%|
|Meals and Rooms Tax||$291,500||12.72%|
|Liquor and Beer||$156,600||6.84%|
|Real Estate Transfer Tax||$118,300||5.16%|
|Interest and Dividends Tax||$93,100||4.06%|
|Medicaid Enhancement revenue||-||0.00%|
|* Dollars are estimated in Millions and reflect Chapter 275, Laws of 2015 revenue estimates plus respective adjustments included in Chapters 274,275 & 276, Laws of 2015 and as projected within the Committee of Conference Surplus Statement.|