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Entries in Bond Bank (4)


House Finance Committee Gives Boost to Future Development in the North Country


Senate  Bill 30 Now Moves to the Full House for Approval




Concord—The future of tourism, job creation and development in the state’s North Country and other rural areas received a boost today when the Republican led House Finance committee unanimously approved a bill (SB 30) authorizing the Business Finance Authority to guarantee bonds for projects in unincorporated towns in New Hampshire.


While the legislation still must receive approval from the full House and the governor, Speaker Jasper called it a good step toward revitalizing the northern part of the state, “For those of us who campaigned on a platform of supporting policies that would create jobs and help our economy, this is an opportunity to fulfill that promise.  This legislation lays the foundation for new economic development in Coos county, where unemployment rates are highest in the State, and paves the way for similar growth opportunities in other rural areas,” said Speaker Jasper.


The bill extends the local option for municipal economic development and revitalization districts to include unincorporated places in addition to cities and towns.  Twenty-three of the twenty-five unincorporated places in the state are located in Coos county, with the other two located in Carroll and Grafton counties.


“There is no silver bullet when it comes to staving off economic hardship, but SB 30 gives the area a rock solid chance of reinventing itself with the state’s assistance, and bringing prosperity back to an economically challenged area of our state. I look forward to the day when the governor can sign this bill and economic development in our rural areas can move forward.,” added the speaker.


If the bill is passed and signed by the governor, it would allow projects in the unincorporated towns of the state to apply for bond guarantees through the normal state  Business Finance Authority (BFA) process, which would also require a full review and approval by the Governor.


The bill will come before the full House for a vote on Wednesday, May 6, 2015.



Josiah Bartlett Center - Educational Choice Under Attack, Foreclosures, and IL Bond Warning for NH

Weekly Update from the
Josiah Bartlett Center

Keeping you up to date on our latest research
on the issues impacting New Hampshire

Educational opportunity is something we all want for our children but is under threat in New Hampshire in 2013. While the wealthy can choose among many options to find the best fit for their children, two small programs that increase options for poor people in New Hampshire are both under attack. If opponents succeed in killing the state’s modest charter school program and the school choice scholarship program, educational opportunity will still be a reality for rich people but not for poorer members of the Granite State... Click here to keep reading.



The State's Checkbook Online

Ever wonder how and where New Hampshire spends your tax dollars? Look no further than, an open government project of the Center. We now have more than 3.5 Million transactions detailing how every last dollar was spent from the past 4 1/2 years. Help us find government waste! Click here to start looking.


IL Bond Rating Downgrade over Pensions Should be a Warning to NH

IL now worst in the Nation

Much has been made in the past few years over the dysfunction of Illinois’ finances and the legislature’s inability to get the state’s fiscal house in order; however, rating agencies are taking a closer look at another factor that weighs heavily on state finances: pensions... Click here to keep reading.


Foreclosure Filings Continue to Drop

December sees fewest of any month in 2012

According to the foreclosure tracking firm RealtyTrac, foreclosure filings in New Hampshire fell again in December, marking the third straight month of decreases. Statewide, 405 houses received a foreclosure filing, compared to 578 in November and 739 in October. Click here to keep reading.


Josiah Bartlett Center - Pensions, Voter Turnout, and the Bond Bank

Weekly Update from the
Josiah Bartlett Center

Keeping you up to date on our latest research
on the issues impacting New Hampshire

The New Hampshire Retirement System’s 0.7% investment return for fiscal year 2012 was jumped on by some as a sign the system had failed because it had not met the assumed rate of return of 7.75%. As pointed out in an earlier piece, for FY12, the System’s returns were about par for the course in comparison to other state pension systems.

Taking a wider historical view, this is true both in comparison to the stock market as a whole and in comparison to other pension systems... Click here to keep reading

Primary Day

Gardner Predicts 168,000 voters

New Hampshire Secretary of State Bill Gardner is projecting 168,000 voters to cast ballots in next week’s Direct Primary elections. Gardner expects 102,000 Republicans and 66,000 Democrats to vote, in person or by absentee ballot to determine who will be on the November General Election ballot. Click here to keep reading.
JBC Report

Projecting Voter Turnout

Grant Bosse examines voter turnout in NH Primaries, and reports on Libertarian Gary Johnson winning ballot access in the Granite State in November. Click here to keep reading.

Municipal Bond Bank Downgrade Update

Continuing Coverage

The financial adviser to the New Hampshire Municipal Bond Bank doesn’t think last week’s downgrade will make it more expensive for cities and towns to borrow money. Click here to keep reading.


Josiah Bartlett Center - Political Conventions, Bond Bank Downgrade and Talking Points 

Weekly Update from the
Josiah Bartlett Center

Keeping you up to date on our latest research
on the issues impacting New Hampshire

Political party conventions are giant taxpayer funded parties that have outlived their usefulness and should be eliminated. That Congress routinely votes to spend ten of millions of dollars on themselves is a sign of their own immaturity and helps explain the fiscal problem we have and they can’t seem to fix... Click here to keep reading

The Disappearing Deficit?

Looking at the Latest Election Year Talking Point

Grant Bosse and Paul Westcott discuss the new talking point that the Republican Legislature didn’t actually fix the state’s $900 million deficit, because the deficit allegedly never existed. Click here to listen.

JBC Report

Taxpayer Funded Conventions

Jack Heath asks Charlie Arlinghaus about his Union Leader column calling for an end to taxpayer funded subsidies of the Republican and Democratic National Conventions. Click here to keep reading.

Fitch Downgrades Municipal Bond Bank

Downgrade Explained

Fitch Rating has downgraded the bond rating for the New Hampshire Municipal Bond Bank from AA to AA-, but New Hampshire’s Treasurer says it’s not reason to worry about the credit worthiness of New Hampshire cities and towns.  Click here to keep reading.