NH Senate supports revised NH House revenue estimates

Concord, NH – The House Ways and Means Committee today agreed on updated revenue estimates for FY 16-17 that serve as a base for developing the State’s operating budget. The Committee estimates for the end of the current Fiscal Year and the next two years are within $1.1 million of the Senate’s estimates.

Senator David Boutin (R-Hooksett), who chairs the Senate Ways and Means Committee, released the following statement on the revised House revenue estimates.

“The House’s updated estimates are remarkably close to Senate estimates that were agreed to late last month and are reflective of the steady, positive growth the state has seen and that we expect will continue,” said Senator David Boutin (R-Hooksett).

“Closing the gap between the Senate and House revenue estimates sets a firm baseline for spending as the legislature prepares for the Committee of Conference on the budget bills.”

“The Senate looks forward to continuing its work with the House throughout the Committee of Conference process,” added Boutin.

General and Education Trust Fund Revenue Estimates