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Balancing the Budget

Governor Hassan understands that a balanced budget is the cornerstone of a strong economy. The Governor worked throughout the budget process to bring people together from both parties to make the difficult decisions needed to develop a fiscally responsible balanced budget – without a sales or income tax – that lives within our means while protecting New Hampshire’s priorities.

The bipartisan, fiscally responsible balanced budget that Governor Hassan signed into law in June set the foundation for a more innovative economic future, investing in priorities such as education, public safety, caring for our most vulnerable and preserving our natural resources.

The budget includes many provisions outlined in the Governor’s Innovate NH jobs plan in order to support growing businesses and attract new, innovative companies to New Hampshire. It significantly restores funding for the University and Community College systems in exchange for freezing in-state tuition – the first tuition freeze at the University System in 25 years – and it increases aid for scholarships at both public and private colleges and universities.

The budget also strengthens economic development activities, fully funds the Director of Economic Development at the Department of Resources and Economic Development for the first time in years, increases travel and tourism promotion and improves international trade assistance.

These investments will help New Hampshire build the strongest workforce in the nation and attract and grow innovative businesses with good jobs that can support a strong middle class.

Our economic success and ability to seize the promise of innovation also depend on efforts to maintain our high quality of life. The bipartisan budget makes significant progress on the priorities that are critical for improving the health and wellbeing of our people and communities, helping to keep New Hampshire one of the safest, healthiest and most livable states in the nation.

It allows the state to move forward with implementing its long-delayed 10-year mental health plan, funds the waitlist for services for people with developmental disabilities, restores the Children in Need of Services (CHINS) program, fully funds the Land and Community Heritage Investment Program (LCHIP) and increases aid to cities and towns.

The bipartisan budget also strengthens public safety by adding additional state troopers, maintaining drug task force teams, and funding the Cold Case Unit.

In addition, the capital budget funds numerous job-creating projects, continues the state’s Business One-Stop efforts, and invests in career and technology education centers. It also provides funding to build a long overdue new women’s prison with facilities and programs that can help individuals safely move back into society when they have served their sentences.

The overwhelming, bipartisan support for the priorities in this budget – job creation, public safety, education, the care of our most vulnerable citizens and the preservation of our natural resources – demonstrates that the shared values of Granite Staters are far more significant than our differences. With a unanimous vote in the Senate and near-unanimous vote in the House, it is the most bipartisan budget in more than a decade.

With the budget now in place, the Governor will continue to bring people together in the spirit of bipartisanship to keep our state moving forward toward a stronger, more innovative economic future.

For more information on the budget, visit the following links: