|Weekly Update from the Josiah Bartlett Center
Keeping you up to date on our latest research
on the issues impacting New Hampshire
Have Dedicated Funds Become a Fiction No One Believes?
It has become trite to say in budget debates (as I did this week to a friend) that “I am generally opposed to dedicating revenue sources but believe that, once dedicated, that arrangement should be honored.” It sounds good but none of us really mean it.
The state’s budget can be divided into two pieces: That part paid with federal funds and that paid with state taxes and fees. The state portion includes the general fund — the regular state operating budget in which every program and department are competing priorities for state taxes and fees. But some portion of state spending is set aside or “dedicated.” Click here to keep reading.
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Our Annual Libertas Dinner is on June 17th
Honoring Steve Forbes
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