Charles M. Arlinghaus
Over the last two budget cycles, New Hampshire’s tax revenue’s have been flat. In the 2006-2007 biennium, tax and fee revenues for the general and education funds were $4.47 billion while the current 2010-2011 budget is projected to be $4.45 billion. Despite that tiny drop, spending increased at historically average rates growing from $4.4 billion to $5.1 billion.
http://newhampshire.watchdog.org/7197/the-only-budget-options-are-borrowing-taxing-and-cutting/
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