New Hampshire

2015 Data (Released 06/06/2016)

Financial State of New Hampshire

 
New Hampshire owes more than it owns
At -$5,400, New Hampshire's “Taxpayer's Burden” ranks 26th out of the 50 states
New Hampshire is among 40 “Sinkhole States” without enough assets to cover its debt
Elected officials have created a Taxpayer Burden, which is each taxpayer's share of state bills after its assets available have been tapped
TIA's Taxpayer Burden measurement incorporates both assets and liabilities, not just pension debt
New Hampshire has only $2.1 billion of assets available to pay bills totaling $4.8 billion
To fill the $2.8 billion financial hole each New Hampshire taxpayer would have to send $5,400 to the state
Because of a new accounting rule, New Hampshire now has to report its pension debt on its balance sheet. As a result, the state's reported pension debt grew from $5.8 million in 2014 to $834.3 million in 2015. However, the state is still hiding $43.4 million of pension debt from taxpayers.
The state's financial report was released 199 days after its fiscal year end, which is considered untimely according to the 180 day goal
 

Prior Years' TIA Data

2014 Financial State of New Hampshire

2013 Financial State of New Hampshire

Other Resources

New Hampshire Comprehensive Annual Financial Reports

Publishing Entity: Department of Administrative Services

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