The newsletter of the New Hampshire Center for Public Policy Studies
In this issue:
Center Graph of the Month
Parole Violators sent to State Prison by zipcode 2004 to 2008
Parole violators sent to state prison most likely come from downtown Manchester (zipcode 03101), Concord, and Nashua; New Hampshire’s largest urban areas. More than 100 parole violators reported home addresses from each of these areas in the period 2004 to 2008.
The Graph of the Month continues our mission to provide new perspectives on available data which will raise new ideas and improve policy debates through quality information and analysis on issues shaping New Hampshire's future.
The Use of One-Time Monies To Balance the State Budget
The economic situation has resulted in real declines in revenues, and absent significant changes in revenue streams or the development of new streams, revenues will decline or remain flat for the next budget biennium. Even with increases in taxes, revenues in the budget most recently passed by the House are anticipated to remain essentially flat over the next biennium.
The budget that is emerging is characterized by significant use of one time, non-tax based revenues. Looking off into the future, absent further spending reductions or revenue increases, the next budget biennium could be even more difficult to balance, as revenues might not recover quickly enough to replace the use of one time monies.
Papers of Interest
New Hampshire's Economic Outlook - May 2009
New Hampshire employment peaked at about 648,000 jobs in the first quarter of 2008, and New Hampshire lost about 18,000 jobs through the first quarter of 2009, and we have another 13,000 to go before we hit the bottom. Even health care and education, which have the strongest sectors through the recession so far, will lose a total of about 1,000 jobs, dropping from 107,000 jobs at their peak in the fourth quarter of 2008, to 106,000 before starting to recover again.
Paper presented at the New England Economic Partnership Economic Outlook Conference on May 21, 2009.
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Policy Points informs you about our current research topics, including highlights of the important policy discussions going on in and around the State of New Hampshire. Any links to other websites do not necessarily represent an endorsement of that organization by the New Hampshire Center for Public Policy Studies.
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