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Oct 3, 2014 10:16 AM

Hassan asks agencies to reduce budgets by $30M

Nashuatelegraph.com: Local News, State News, Business News, Sports News | Web Feeds

CONCORD, N.H. (AP) — Democratic Gov. Maggie Hassan asked state agencies on Thursday to reduce their budgets for this year by $30 million collectively after the surplus for the first year of the budget came in $7 million below target. Her request excludes the largest state agency, the Department of Health and Human Services, which will work with her office to develop its own plan. Hassan said she was asking for the cuts because of low revenue from business taxes in September, which is typically a strong revenue month. Collective revenues came in above target, but revenues from business taxes were below target.


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