Oct 1, 2014 6:01 PM

NH Gov. Hassan, Walt Havenstein exchange shots over state budget surplus


New Hampshire state government is in the black and while Governor Maggie Hassan celebrated the news, her Republican opponent condemned it.

Walt Havenstein told NH 1 news the surplus was smaller than expected because Hassan, a democrat, failed to manage state spending.

During an interview, Governor Hassan said all her spending passed the legislature with republican support and taxpayers can see on a state web site how their money is being spent on a monthly basis.

The books of New Hampshire state government closed nearly $20 million in surplus abut less than what had been expected.

Governor Maggie Hassan and Democratic legislative leaders celebrated the surplus while Republicans said the governor's failure to hit a budget target makes next year's budget even tighter.

The two-year, $10.7 billion state budget Hassan signed in June of 2013 had very little margin for error.

In fact it planned to spend all but $44,000 by the end of the budget cycle on June 30, 2015.
Hassan said the hard work of agency produced the $19.5 million surplus for the year that ended June 30.

But the budget presumed the year would end with a $26.7 million surplus.

Nobody was in a big hurry to do a big victory dance for the cameras about this news.

Why? Well for Hassan with five weeks until the election, the surplus wasn't as big as advertised. But Republican leaders had little to crow about since they had been warning for months the final numbers would be much worse than they proved to be.


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