State Leaders Announce Return of $30M to Towns and Cities
Concord, NH – Today Governor Chris Sununu announced the return of $30 million to towns and cities for road improvements as a result of signing SB 38, making an appropriation to the department of transportation for local highway aid and aid for municipal bridges.
“Addressing New Hampshire’s infrastructure needs is critical to ensure safety on our roads,” said Governor Chris Sununu. “This is a key first step in rebuilding our state’s infrastructure and reducing property tax obligations for every citizen in the state. We’re sending cash back to towns so that localities can provide relief on their tax base – a home run for taxpayers. For years we have heard how the state cannot control local property taxes, but what we can do is use infrastructure grants to give our towns more financial flexibility and target key areas of need to our communities, which will revitalize New Hampshire’s aging infrastructure, and reinvigorate our local economies.”
"Modernizing our state’s roadway and bridge infrastructure is a priority for New Hampshire. Due to responsible budgeting in FY 16-17, our state produced significant surplus that has not only grown the rainy day fund, but allowed our state to return millions of taxpayer dollars to our communities," said Senate President Chuck Morse (R-Salem). "Nearly $30 million will be returned to cities and towns to directly support critical infrastructure improvements that will benefit our citizens across the state."
Speaker Shawn Jasper said of the announcement, "This year, Governor Sununu and the legislature have made it a priority to send money back to cities and towns. We are proud we can make local needs a priority. The distribution of these dollars demonstrates our commitment to improving our state’s infrastructure in each corner of our state. The health of our roads and bridges are an important investment for our communities and local economies."