Concord, NH - Senate Finance Chairman Jeanie Forrester, R-Meredith, today requested updated spending and lapse figures from each of the state’s department and agency heads. Forrester’s request is in response to underperforming April revenues, the ongoing Medicaid Enhancement Tax litigation, and concerns over the cost of the state’s mental health settlement.
“As a result of the careful and conservative revenue estimates adopted in the state budget, I am pleased to say that the state is $3.9 million, or 0.2-percent, above the revenue plan through the first ten months of the fiscal year,” said Forrester in her letter to department heads on Tuesday morning. “While this is positive news for our taxpayers, it does necessitate increased vigilance from budget writers and department heads to ensure that we finish this fiscal year with the projected $26.8 million surplus required keep the budget balanced,” she continued.
Forrester’s letter requests updated figures on each department’s spending and projected lapse for the current fiscal year by Friday, May 16 in order to review the numbers with the Senate Finance Committee before the conclusion of the legislative session.
“While revenue collections to date would not necessitate [additional action] during this biennium, I do want to keep legislative leaders informed on the spending side so that we’re prepared to act in the best interest of the state and our taxpayers should events warrant,” concluded Forrester.
Click Here for full text of Chairman Forrester’s letter to the Commissioner of Administrative Services Linda Hodgdon can be found below. Identical letters were also sent to nineteen other state departments and agencies.